Reports and accounting
Recently active
I purchased an inventory item with my credit card. I expensed the cost to my INVENTORY asset account. Later, when I sold this item, I entered the item with this cost and selected the COGS account for the Expense account. This is how I did things with Desktop in the past but now with Quickbooks Online Plus the cost shows up in the COGS and in Inventory Shrinkage creating double the cost in my P&L. Can anyone let me know what I am doing wrong or how to fix this?
Firefox browser says - The page is slowing down Firefox. To speed up your browser, stop this page. I have tried everything in Firefox and Chrome and NOTHING helps. I have to create an invoice from this exact project estimate. Can't make it have any less lines.
When I try to print a "balance forward" statement for every customer for given time period, it says for several customers a statement is unavailable and only generates a statement for a limited amount of customer. The ones it says are unavailable have transactions on their account during the time period, so I don't understand why. Why would it show as unavailable?
Original commenter did not share additional details
I send my customers invoices. They want to add a tip but don’t see the option to add it. I have the tips setting toggled on in my settings. How do I add the option for them to tip?
setting up online from desktop and industry list does not have farm, what do I choose?
I have added specific "payee" and categorized "payee" but still all change.
Hi, I just acquired a new business and the previous owner was using Quickbooks 2023 Premier Pro and I am using the same but just 2024 version. The inventory data was transferred and the the average cost got messed up, I have tried my best to change it but it doesn't let me change it. I have successfully changed the cost of the items. I have about 552 items and the data is messed up in 335.Is there a way to unlock the average cost to change it and reflect the correct amount.Please help me out as I have to start invoicing customers from Monday.
We use QBDE's average costing for valuing Inventories and COGS. I have a small team that uses our company file for ordering and shipping items. At each month end, I enter Quantity Adjustments to our on hand inventories. I ran some prior period reports and noticed my COGS and Inventory values had changed in periods that had been closed for several months. I was able to track down the change in Inventory Valuation by Item using old backup files to compare against my live file. For some reason, a group of FG parts that historically had Avg Cost = $0.01 now suddenly have an Avg Cost value = $0.27. I cannot determine what caused the change in Avg Cost nor why the change went retroactive and changed financials in closed periods. Can anyone help me correct the live file so my financials are back to pre-change amounts?
Where is the vendor name?
I want to make sure that a company admin can also submit expenses (we are a small nonprofit, where Board members submit expenses for reimbursement). The CSR to whom i was just speaking seemed hesitant about saying 'yes' (the weekend CSRs are usually hesitant about saying anything specific). Does the community know? Thank you in advance.Steve
For instance, I received a payment for $1798.00 and Intuit charged a fee of $52.64 on it. That seems rather high, given that I already pay for an Quickbooks Self-Employed account each month.
