Reports and accounting
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In a class quick report, both the expenses and income are showing positive numbers when I run it. This does not really make sense as expenses should be considered deductions towards the total... This report is more detailed and would be much better for individual classes to look into vs a P&L for this specific company.. Any ideas?
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My client's QB is connected to Square Up via App. I'm confused about Square Fees in QB not matching to Square Up's data. Each credit card sales receipt that comes through QB has a reduction of the fees, which is under "Square Fees" Account. When I compare data from QB and Square Up for a specific month, it doesn't match. For example, Square's data says there are $1,552.50, but QB says $4,550.50. Are both system charging fees every time someone uses their credit card? I am really baffled by the fee structure.
Hi all... I know someone can help me. In layman's terms, can someone describe what the following reports include because I get a different totals when I run each report--all on accrual basis and all for the same year (2023).P&LSales by Customer SummaryIncome by Customer All 3 of these reports give me a different total for earned income. I do use journal entries for things like if we invoice, but we don't want to recognize that revenue yet because we didn't deliver yet...we recognize only when we deliver...or we deliver and not invoice yet because they want us to finish the entire project first, etc. I just don't understand why there are different amounts, and it drives us crazy! Thank you in advance for your help!
Can I access a list of my journal entries?
Hello,Customers send money to the real estate agent's bank account to purchase real estate (land, house, etc.), and the real estate agent sends the money to the property owner. In short, it is an intermediary between the seller and the buyer.How can I categorize money coming in and out of a realtor bank account in Quickbooks? What category should I put it under?Note: Realtor takes commission separately. There is no commission in the relevant amount.
How can I change text size or change it to bold or italic?I need to call attention specific words or statements in my invoices
Need help figuring out why Quickbooks won't always sync teh full amount of invoices
We have a mechanic shop and wrecker/roadside assistance service. We have been creating invoices for service/repair to our own vehicles using the vehicle as the customer name so we can track specific vehicle expense. But how can an invoice show these parts and labor as a vehicle expense? Expenses don't generally go on invoices, so how does this work? We use cash accounting and non-inventory parts.
That I thought I could add back. The years are closed so I made the JE but it screwed up the bank rec. What did I do wrong?
Hello, I have a unique situation I am trying to resolved. I am using Quickbooks Premier 2021. My company purchased products from another company in June of 2022 that was not delivered. We filed a dispute with the bank in Feb of 2023. The bank reversed the charges as well as any service charges (International bank transfer fees). I am sitting here now trying to figure out how to show that the money came back to us. Because it happened over 2 tax periods I am trying to figure out how to show the checks we wrote in quick books were returned to us and we got a refund. Technically it was the bank that issued the refund under their charge back protections since the payment was processed by the banks credit card. By that logic it wasn't actually the seller who sent the money back but rather the bank that took the money from the seller and returned it to us. I have tried extensive research on this topic but have only found information relevant to businesses who have a customer d
I entered payments in qbo which when i look at the account transations the payments are showing the same as a charge which is over inflating the account. help.here are the specific.i enter a bill for the vendor each time i receive with an account of cost of goods sold. at then end of the bill period i select the bills and pay them using a bank account. i then ran a report and the cost of goods sold account shows both the bill and the payment but instead of the payment lowering the balance on the cost of goods sold it raises it as if it was another bill. this is over inflating the expense... what am i doing incorrect
Dear Team, Can someone guide me on how to get a detailed trial balance sheet from quickbooks online?I want to see the opening balance once the report generates, but unfortunately I dont see anything related to opening balances and closing balances. Kindly guide me.
When I am trying to match a bank transaction to an open invoice it shows several options but they are not the oldest they are the newest. Where can I change that option.
Hi - When we look up a customer, on the right side there’s the option/link to run the Open Balance report for that customer. However, we want that report to always include PO#. How do we get QuickBooks to default to always show the PO# when we run when we click that report link? To view this screen:In Quickbooks go to menu bar Customers – Customer Center - choose a customer – look at right side – see or click Open Balance (Note: I do know how to memorize a report, but I believe that means I’d have to go to menu bar Reports - then choose my memorized report – update the filter to pick the customer I’m interested in – and then run the report. We want to save time and steps by having the Open Balance report default to always include the PO# when viewing the Customer window in QuickBooks.) If it matters, we use QuickBooks Desktop Enterprise. Thanks in advance for any feedback or suggestions! (PO: &nbs
When I hit refresh it doesn't update or show any info it has been doing this for a couple days now
