Reports and accounting
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How do I record the 12 pack as an expense for $50 but create the product to sell individually? Would they each be separate products or what is the correct way to record this? I can provide more details if needed.
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transaction detail by account removed from the For my Accountant list of reports in online quickbooks. What report can replace it? General ledger. I'm not an accountant by training.
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My understanding is that the IRS requires the names of clients when expensing entertainment or dining.
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Sales Tax Center (Sales Tax Owed) showing that an error occurred. How can this be corrected?
Hello! I need to pull a detailed report that gives a total for each sub, including incorporated subs. What's the best report and steps to pull this in QBO? Thank you!Gina
I'm a little confused on how the estimate feature is supposed to work. When I create an estimate and send it to a customer, they can accept it. If they do, I expect to have a "confirmed" estimate or something like that. Instead, I get an invoice auto created with payment due. This is not what I would expect from this feature. Can I make the system NOT auto generate an invoice on an accepted estimate? I'd like to create the invoice AFTER the work and not before.
Quickbooks Premier 2021 Desktop version I have an escrow account for a rental property set up as "Other Asset Account." The escrow account balance on the most recent statement I have from the mortgage company is $51.64 less than the balance shown on the escrow account in Quickbooks. I want to make an adjustment to the Quickbooks escrow account so it matches the mortgage company statement. To make that adjustment would that be a journal entry with the escrow account for the rental property being debited for $51.64? And what account should be credited? Thanks.
My P&L has a negative amount showing in COGS...What would cause this?
I created a custom report and hid the fields I don't need. The report isn't wide enough, though. I have a large screen. When I maximize my browser, my expectation is that the report will fill the available space in QuickBooks Online. I tried resizing the columns but just shrinks the column next to the one I am resizing. Anyone else having this issue where the new reports aren't filling the width of the available screen?
I have an isssue I hope someone can give guidance on. If we use A/R we are supposed to run reports on accrual basis, correct? But at year end when running the p&l to pull numbers for taxes, the accrual basis method of reporting overstates the revenue as not all have been paid. We file our taxes on cash basis, so would we not run the p&l on cash basis? Is it that the CPA would do a conversion to cash from the accrual reports?
I simply need to run a report that shows all of our Fixed Assets with the dates they were entered. We want to take the report and walk around and mark off anything we no longer have. Is it possible for QBO to actually do something like this?
forget it
How do I rename an Account Type in Quickbooks Pro 2017? I.E. "Cost of Goods Sold" to "Cost of Revenue"?
How do I set up the 3% I pay when a customer uses a credit card that they pay the 3 % when the transaction is made as a service fee. When the Paid invoice is printed it dose not show the 3 % that QB takes out Why?
I have P&L reports from the prior owner for calendar years 2017-2023. Can I enter them in my new company account for comparison purposes?
