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E
eward75-gmail-co
October 2, 2024
Question

Split trans not right in project view.Paying contractor 500, split & assigned 350 to Proj A,150 to Proj B.When viewing Proj A trans list total 500, expecting 350.Fixable?

  • October 2, 2024
  • 1 reply
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1 reply

A
AdonL
October 2, 2024

Greetings, Eward, and welcome to the Community space. I'll share details about how QuickBooks Online (QBO) records split transactions and ensure your vendors' payments are assigned correctly to corresponding projects.

 

When you split a vendor's payment into multiple projects, program will show the total transaction amount as a single entry in the Transactions tab on the project's page. However, you can find the allocated amount for each project on the Overview tab. I've included a screenshot below for your visual reference.

 

  

Furthermore, ensure you entered and assigned the amounts to each project correctly. You can refer to these resources below for a complete guide on paying contractors in QBO.

 

 

On the other hand, to understand how the payment categories for the 1099 and guidance when filing them, check out these articles. 

 

 

You're welcome to drop by again if you have any queries concerning contractors or any concerns with QuickBooks. We're here to assist you whenever you need us.

E
eward75-gmail-coAuthor
October 2, 2024

Thank you very much for the quick reply! I did validate that everything in the register is accurate, it is split correctly there. However, in the project view, it is inaccurate. I suspect it’s a viewing problem and not an accounting problem.

L
LollyNino_C
October 3, 2024

Hi eward75! I appreciate your quick reply. I'm here to clarify how split transactions are shown on the Projects page. Let's work together to make QuickBooks Online a breeze for you to use.

 
When a transaction is split across multiple projects, the transaction list will show the total amount for each project. However, you don’t need to worry, both the project cost overview and the profitability report will accurately reflect the allocated amounts for each specific project, giving you reliable insights.
 

These tools ensure you have the precise information you need to keep everything running smoothly.

 

For more information on managing budgets and projects in QuickBooks Online, check out these articles:

 

 

Should you have any further questions about the Project feature, feel free to hit the Reply button. I'm here and thrilled to support you whenever you need!

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