Reports and accounting
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Hi, We have a 10-year rental contract for $6,000.00, payable yearly (we invoice the customer $600.00 every year). How can I register the whole contract amount and then the yearly collected rentals? I really appreciate any help you can provide.
I need to have a report built in quickbooks enterprise that compares the prior 3 years. Anyone have any idea how to do this?
I keep the books for a non-profit. We apply a class to each transaction that uses restricted funds (money received and spent for a specific purpose). I ran a Statement of Financial Position (balance sheet) and clicked on the restricted funds account. I then customized the report to show the class for each transaction. The class is empty on all but one transaction--a journal entry that I made. I clicked on the first transaction in the report and it clearly shows a class assigned. I have no idea why the class doesn't appear on the report. I really need to know whether each transaction is classed correctly. Are there different "classes" in QBO? Is the class that I'm assigning when I enter an expense or deposit a different kind of class than what the report and JEs are using? I checked the settings and class tracking is on (Account and Settings > Advanced > Categories > Track Classes > On. Or is this a bug in QBO? Any insight would be greatly appr
I receive some payments for service income via Paypal. How do I reclassify it so that it shows up under the income category I want to track?
Hi! We sell inventory items and offer Paypal as a payment option.Hypothetically, we sold 6 shirts to 6 different people, and it came in one payment. Split deposits doesn't link up with our established inventory and split sales receipts only allow one customer per transaction. Any suggestions?
For example, we bought a chair but had to return it and the amount is refunded to the account. How exactly should that refund be categorized since it's not actual "income" from the business?
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I am a new Quickbooks onlilne user. I have done software conversions or started fresh before so I proceeded similarly in this situation. I first created my Chart of Accounts and entered all GLs, selected account types, etc. Then I went in to enter the beginning balances. Where do I do that? I'm not finding a place that will allow me to click and enter the amount. HELP please!!
Hi!Seems like a few checks that in actuality cleared the bank, have been uncleared in QBO when we transitioned over from Desktop to Online. The bank balance matches so clearing the checks will throw it off balance.What do you suggest I do with the checks that actually cleared but are showin as uncleared?THANK YOU!!
Here's an overview of my situation:1. I manually imported bank checking account transactions as my client hadn't connected bank feeds yet. 2. Afterwards, I connected the bank checking account to the bank feeds in QBO. There are now 2 checking accounts in QBO - the same checking account: one manually created, the other automatically created via the bank feed connection. 3. I deleted the manually important bank transactions and made the manually created bank account inactive. 4. When running a balance sheet report for January, the inactive, manually created bank account shows up with "(deleted)" next to it with a balance of $8,259.38.5. Running a balance sheet for February does not show the deleted/inactive account.6. The Opening Balance Equity account shows: DateTypePayee AcctIncreaseDecreaseBalance02/07 CheckChase (deleted) $8,259.38$8,259.3801/01DepositBUS CHK$8,259.38 $16, 518.7601/01DepositChase (deleted)$8,259.38 $8,259.38 Question: How
My CPA had us do a JE to correct some balances. However they added a credit that is not applied to anything and told us just to mark it as QB's customer. Now it just hangs on our AR summary. Is there any way to remove this or is there a correct way to enter the JE?
One of our employees booked a flight for a business trip with a company business credit card and the trip was cancelled. Therefore received an air credit for future use. how to record in QuickBooks?
So the paid invoices appear as negative line items in the expense section of the report. This is happening for only one category of service, and that service is configured the same as all of the others. Seems the report is incorrectly configured. Anyone else run into this issue?
Hi, I have an account with a vendor that holds a balance once I receive refunds or other credits from them. I can either use this balance to make purchases or transfer it to my PayPal account which I have set up with QBO. I have a few transactions in my vendor and PayPal accounts where I've received credit from the vendor and transferred it to my PayPal account. Matching transactions are on both sides. The transactions are categorized when they are initially credited to me on the vendor side. How do I account for this? All I need to do is make a transfer of any remaining credit in my vendor account to my PayPal account.
We have QuickBooks automatically calculate and add late fees, however when it does, it automatically checks off the sales tax box, even when the service it is being applied to is non-taxable or the customer is marked as sales tax exempt.
Want to run a report showing monies spent with vendors, with totals by vendor for this fiscal year.Seems that when I do a search, the answer always applies to QBO, not desktop.TIA for any help!
Hello all. I have the following problem. My product has a long production time (2-3 weeks). But we demand upfront payment or 50% deposit from our clients. That means I receive a lot of payments on my bank account, which i need to book as current liabilities and then once the product is delivered to the client I create the invoice (dated on the delivery date) in order to record the revenue once the service has been rendered. But since qbo always takes the invoice creation date as the revenue recognition date, that also means I cannot really create invoices for my customers without correcting the invoice date once the order has been fulfilled. Does anyone have an easier work around to this? Thanks so much
Hello, I am trying to export a customer detail list based upon a specific product. I've tried to create a report with no success. I'm hoping that someone smarter than me can show me the way. Thank you. Thomas I need: Date Range 2022-today Product is "XXX" Company name Contact Name Email address Mailing Address
Created invoice online on desktop for $300. Customer shows they have open balance of 300 on mobile app for Android, but the invoice doesn't show under customer details, previous invoices do.
Most of my memorized reports have glitches since the last QB Update. I have had to delete and remake them which is frustrating. The one I am struggling with is the pending sales report. the default report is blank! When I removed some of the filters (posted only, summary only) I end up with a report that shows vendor payments, inventory adjustments, journal entries, etc. I need to submit this next week and need help. I tried some other reports and filters for estimates only but also ran into a brick wall!
How to add product category in QuickBooks Online? I have more than 200 products in QBO, and I need to add/update the category, is there a quicker way to do it?
I recently did a batch invoice download where I invoiced 15 customers at once. It saved a lot of time. The one massive issue that I realized after I had the invoices created was that they were uploaded on the "modern" invoice design that Quickbooks created. They didn't upload to the template I created and use for invoicing. This template is my "default" and will be used every time I create a single invoice but it isn't used when using batch invoicing. Is there a way to get the custom invoice template for Batch Invoicing? Or is there a way to change the "modern invoice" that Quickbooks created and put as their invoice and change it to the exact version I want to use. Either way would help with this very valuable Batch Invoicing system. I hope this makes sense!
Hello! For multiple clients, I have received a live file directly from QuickBooks Desktop despite the clients sending them via the proper path. For reference, the path used was Send Company File -> Accountants Copy -> Remove Restrictions and Send to Accountant. Both times, I guided my client through the process and both times I received a live file instead of an Accountants Copy. Why is this happening? How do I fix it? For reference, this has happened twice, but all my other clients I've received the proper file when I guide them through sending an accountants copy.
