Reports and accounting
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We set up to use our location for sales tax purposes on invoices. I have also removed all shipping addresses from all our customers, but randomly quickbooks will just copy their billing address as their shipping address and put it on the invoice anyway. I need this fixed now! We have dealt with this for a long time and from my research so have many others and it obviously is not fixed still.
SPACING IS MESSED UP IN FORMS - IT HAS CHANGED WITHOUT MY KNOWLEDGE.
Hello - I'm running into an issue with the new invoice layout. My previous template is "old" but I cannot find a new template I like. Because of that, when using the "new layout", the the markup line autopopulates to add "1" to the quantity, which increases my sale line item quantity by one each time. The only way to stop this is to put "0" in the markup line. Any other ideas besides having to remove the "1" and change it to "0" for each line? Is there a good look at the "new" templates? The Modern template doesn't work for me because we do not accept payments through Quickbooks (has a "Pay Here" button at the bottom) and I do not want our income categories listed on the invoice. I've been disappointed with the new layouts of the invoices and the bills. I wish the layout / entry column sizes remained the same once they're set.
Regarding zero balances on our Accounts Receivable Open Invoices report: I have cleared zero balances on accounts that have credit balances to apply to the invoices. I have several zero balance accounts that have been adjusted with a journal entry (before my time) and do not show a credit balance to be able to clear the invoice. What method can I use to clear up these zero balances off my A/R list? Jeanette [removed].
Hi. Just getting started in QBO and e-commerce in general..1. We are going to use one Paypal account to pay vendor invoices, and another Paypal account to collect order payments from Shopify customers (using Paypal Clearing acct as well). Anyway, we believe both of these accounts will be created as Bank: Checking types, correct? We are already syncing the first Paypal account, as shown in next question. The 2nd Paypal account has not been created yet since we're not taking orders until April. We had researched that we should have separate accounts..2. So the first set of Paypal txns came over synced (see attached). These were invoices paid with a credit card tied to that Paypal account. We have already categorized the expense on the credit card txn (say Product Development). What do we do with these txns that came from Paypal? What you see is the QBO default..Thank you so much for your reviewing, and any other tidbits in
One of our company's owners paid some outstanding vendor invoices with a personal credit card, but rather than being reimbursed, wants the amount (about 11K) to be counted toward the total of an owner contribution to the business. The total being paid to the business by the owner is 37k, the total of the invoices paid via his credit card was 11k, so the check that was written by the owner to the business was the difference of 26k (our bank is connected to QB, so this amount was allocated to the owner's Equity account from the bank feed) I'm wondering how best to record/reflect the payment made to the vendor via the credit card, since it did not come directly out of any of the business funds.
My church is applying for a loan to purchase a new church building. Our two properties have greatly increased in value. What are the entries that I need to make to reflect the new accurate values?
Title is self-explanatory. What am I missing? Everything seems to be configured correctly. Need help with this ASAP.
I have a SaaS company and I am trying to run a P&L report that shows Gross Profit that includes Customer Support expenses. Eg. Product Revenue $4,000Service Revenue $10,000 Total Revenue $15,000 Product Cost $2,000Customer Support $10,000 Total COGS $12,000 Gross Profit $3,000
I had someone set up the books 2 years ago before I knew much about accounting. Yesterday I noticed there wasn’t a retained earning account on my reports, or in chart of accounts. How do I fix this and what do I do now to make my retained earnings accurate for each fiscal year?
Hi everyone, I am new to QB - using "online accountant" version. It was setup for me by the accountant firm, but I am the one doing all the work, and that includes reconciliation. They actually forgot to mention that I was supposed to do it on monthly basis and now I am reconciling everything for the whole 2023. Anyway, it's not an issue with my checking and one credit card account, everything is pretty straightforward. However, the huge problem I am facing right now if how to reconcile 2 Chase credit cards that are under the same account, but with 2 different users. I spent hours trying to figure it out, watched multiple Youtube videos and read multiple posts, no luck. Seems like what I had to do was to create the "main account" and put these 2 credit cards as "subaccounts" for it. I did that, but then when I am trying to reconcile the main account, I am getting this weird "beginning balance" if $2,038 which I do not know where that came from since it's not matching the beginning
I have 'full' access to QB, but currently the only way for me to access the income tracker is to log in as the system admin. Which specific permission do I need to access this report?Will "external accountant" solve the problem?
I work for a private school and we bill our tuition payments to our parents each month. One of our parents has multiple students. She overpaid two invoices on one of her children's invoices, rather than paying each invoice separately. There is now a large credit on one account while the other accounts are showing delinquent. How can I apply the credit from that one account to the invoices that are due on the other accounts?
Credit note for $241.19Invoice for $111.06A refund received for $130.13
