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How can I export a CSV of invoices from QBO? I've found various links about importing a CSV of invoices into QBO - I want the reverse.
Hi all,I have a supplier credit in Euro currency. But the supplier then paid into our Sterling bank account instead of Euro bank account. Steps I did are as follows:1) Create supplier credit in supplier account (in Euro currency)2) Following the steps in https://quickbooks.intuit.com/learn-support/en-uk/bank-deposits/how-do-i-handle-supplier-credits-and-refunds/00/239500a) Select Bank Deposit from +NEWb) Account - Current account (GBP)b) currency - changed from GBP to Euroc) supplier - Supplier in EUR statusd) VAT - ECGe) when save the page, error occurred 'you cannot track tax on accounts of types Debtors and Creditors' I got stuck here. What should I do next or what is the correct procedures?Your help is very much appreciate. Regards,Sharon
Allocate paymentsI might be being dim - but I am trying to allocate a payment against a payroll journal - and it tells me that it has already been allocated. How do I find what has been allocated against this journal. Ie Journal total is £500, but it only has an open balance of £325 - so how do I find out where the missing £175 has been paid from? Thanks
Hi,I have a wedding car hire company, and most of my business comes via my website and search engines. But recently I have started working with The wedding Car Hire People (TWCHP), an online wedding car booking company. They list my camper on their site: https://www.theweddingcarhirepeople.co.uk/wedding-car-datasheet/?item=11104&make=VW+Bay+Window&model=1972+Devon+Campervan&county= They process the enquiry, take the payment, usually just the deposit, and then pass the completed booking to me, and for that, they take 12.5% of the total booking amount.All this is great, and I have already received bookings from them, but I am struggling to figure out how to process this in Quickbooks.Below is an example:TWCHP take a booking for a total of £400They take a 25% deposit from the customer £100They take their commission of 12.5% of the total booking from the deposit, £50, and transfer the remaining amount of the deposit, £50 to my bank account.From this point, they
I've just joined Quickbooks UK Self Emplyed and opened a small business online a few days ago. I automatically linked PayPal and it imported a couple of business expenses on Quickbooks.Quickbooks shows 2 different types of transactions:(1) Transfer +£2.95 (in green)(2) Business -£2.95 (in black) - note that I categorised it as business on purposeFor both options I have an option to include a receipt. I will have a receipt for the -£2.95 payment, but PayPal has automatically took the (1) transfer to obviously pay for (2) so do I need to include a receipt for this one also? Do I ever need to include receipts for transfers to my business account or are they needed for expenses only? I'm at a very beginning stage of having my own business so want to make sure that I understand it well. Do I need receipts for 100% of my expenses or is there a certain level under which you don't need a receipt? Thanks in advance for your help.
I am not an accountant.
we have refunded a credit note directly from the bankhow do we apply that payment to the credit note which has status unapplied?tried many things including match but no joy
Hi.I have changes from QB desktop to QB online. Have question I have received a payment in QBO and now want to apply that payment to a certain bank account as a deposit. I would think the amount of the received payment would be there to deposit but it is not. Help would be appreciated. Thanks Roger
I am new to Quickbooks and are looking for some help. I am a self employed gardener and use my van solely for work, i am not sure if i should put fuel receipts in as a 'Travel Expense' or should i use the mileage tracker. Thanks in advance and sorry if it sounds a bit basic. Dave
My clients business is a wine business. I want to record stock so how do I post a wine supplier invoice to the clients books. What category, what description? do I use. As I have already down some sales invoices setting up different products of wine I would have throught I would have to select the wine when entering the supplier invoice so that the amount of wine could go to the stock control account. Please urgent help, as this shouldn't be so complicated. Thanks Olly
Hello in order to see running balance i created a customize report using balance sheet report.Now the problem is I can't see entries which i create through using journals for that customer.But when I open customer balance detail I see that there but it has no running balance option so i am using balance sheet customize report. Please help me how can i see journal entries as well.
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When invoicing customers my boss has asked me to record against specific nominal accounts i.e. Dog Boarding, how can I do this? Any help gratefully received.
Hello, I am running a business promotion that offers cashback for purchasing a specific service. This is defined and allowable in UK VAT legislation - VAT Notice 700/7, section 10.1 https://www.gov.uk/guidance/business-promotions-and-vat-notice-7007. How do I account for the cashback to the customer after they have paid their invoice? Customer payment methods could be card/cash/cheque/bank transfer etc. and cashback payments will occur separate to the supply of services, so a simple discount will not work for 'applying' the cashback. Hope you can help.
Sorry if this is a stupid question, but is it possible to withdraw from PayPal if they transfer funds to my QuickBooks?My current location does not allow for any banks to be attached, so I was thinking to use PayPal as the way to withdraw from Quickbooks.
Hi, I would just like to know what the entries would be for Money being paid from the Director into the business bank account from there personnel bank account. To then pay a supplier from the business bank account (basically using the money the director has transferred into the business account) I know the double entry would be DR Bank and CR DLA and then once you pay the supplier would you CR Bank and DR purchases (as no invoice from Supplier) Hope you can help?
I need help. I have Euro and USD bank accounts and sometimes I make spot transactions with a third party company. The transaction is at a negotiated exchange rate. I record the transactions in the system as a transfer and enter manually the negotiated rate. However, on the currency accounts after transaction, the balance does not match with the statement. It looks like the system uses its own exchange rate to calculate account balance. What can I do in this situation to have the same balance as on statement?
I have installed Quickbooks Desktop 2021 upgrade and I saw a message saying I should amend the invoice template to add text saying "This is not a VAT invoice". Where do I put this and how do I amend the template? Many thanksDavid
I recently started using Quickbooks; I wish to record my hire purchases e.g. a vehicle, a laptop etc. From my understanding I need an asset account and a liability account for each in my chart of accounts. However, I am unable to find a tutorial that does not assume the hire purchase agreement is new. These hire agreements began before the 1st April 2020; however, I only wish to match transactions for this financial year i.e. after 1st April 2020. How can I configure these accounts without importing and matching payments prior to 1st April 2020. If anyone is kind enough to respond please may you consider, if an agreement was longer than 12 months on its outset but is due this year, if it should be recorded as a non-current or current liability. Thank you in advance, Edvard
Hello I have a videography company and the way we process payments on projects is a deposit of half of the project price due at the time of signing a contract and the other half is due once the project is edited and complete. I want to create an invoice that will allow them to pay the deposit first and then they have the option to pay the remaining balance later, is this possible? Or would I just need to create 2 payable invoices, one for the deposit and one for the final amount?
My case: I sell on shopify where I charge customers in USD. I have quickbooks online Essential plan, multi-currency enabled, I have a VAT registered UK company. HMRC require to display VAT and the net amount in GBP if the invoices is in a differenct currency.My customers pay me in USD, and I want to make an invoice in USD in which VAT requirements ( net amount, VAT amount) is displayed in the VAT summary in GBP. Now, I've done what you've written above, but on the VAT summary, it still uses USD. I've talked with quickbooks support on 2 occasions, both of them said the on the invoice there can be only 1 currency displayed....I am wondering now what is the truth and will I even be able to solve this problem.Can quickbooks handle this? I don't have many experience in accounting software, but I think it should be a basic feature ( a smaller firm's software called freeagent handle's this without any problem).Thanks in advanceJoe
Last Autumn, on the advice of my accountant, I switched by entire business to using QuickBooks. I run a subscription based service with the vast majority of my payments coming through Paypal. The entire process of importing in the previous years transaction took nearly three months as I had to do it via CSV files and there were a lot of very small transactions. The pain was worth it - Quickbooks Online was a revelation because, each morning with just a few clicks I could update my bank account, Paypal account and credit account. And then Quickbooks introduced Open Banking ... My Paypal account no longer updates properly: the Paypal fee transactions are NOT imported so every morning I need to print off a statement in Paypal and then manually enter them via a CSV import. So far I've had to manually create more than 3,000 transactions and manually import themPaypal transaction made in US Dollars or Euros are not converted so $129.99 or 129.99 Euro get
