Questions tagged [quickbooks]
For questions relating to the use of the desktop version of QuickBooks, an accounting software package developed and marketed by Intuit. For the online version, use tag quickbooks-online.
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QuickBooks iif File Format for GST Taxable Transactions
How can a transaction be created with an iif file so it contains the auto-calculated Tax Amt and Tax Total? The following iif file does not create the required Tax Amt as shown in the image below:
!...
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Add to existing invoice, or create new invoice
Let's say I rent a car for $300 and I don't pay upfront. The car rental company issues me Invoice #1.
I return the car and have used excess mileage, so owe an additional $50.
I pay with my credit card;...
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Quickbooks: how to keep track of mortgage installments as expenses?
I am new to Quickbooks. Anyone can help answer this quick question? I need some help figure out mortgage installments bookkeeping rules.
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Trouble reconciling new account in Quickbooks - why is starting balance zero
I created a new checking account in QB 2021 Desktop. I want to start the fiscal year with 9/1/2021. So I created a general journal entry with a debit to the checking account for the balance in the ...
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What are the debits and credits in double-entry bookkeeping when someone pays in advance for a meal?
I'm doing some volunteer bookkeeping for a small nonprofit. If we have an upcoming event and people pay in advance for a meal, how do I enter that in a general ledger (updating Quickbooks for last ...
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Can I import a list of invoices into Quickbooks Desktop as a CSV or Excel file?
I have an Excel spreadsheet containing data for a bunch of sales invoices, which I exported from another system. I want to import this to QB Desktop Pro. I'm a bit confused about IIF files vs. CSV/...
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How does one calculate their Gross Income using Quickbooks Online that is to be reported for Tax Filing?
Using quickbooks online, I'm able to generate my Profit and Loss statement and I see my Net Income for the year 2019. Is this the final Gross Income number that I will be reporting on my tax return or ...
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Quickbooks Add-On Service Discontinued on 5/31
I am using QuickBooks Pro 2016. I received a notice that Online banking will stop working after 5/31. My question is if automatic bank transaction sync going to stop working only and/or the ability ...
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Quickbooks online essentials: how to see a "Currency" column in the Accounts list?
The help text says I should be seeing a Currency column in the Chart of Accounts, I am in the "Essentials" version, and I'm not seeing "Currency". Is it possible to have different currencies for ...
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Gnucash vs QuickBooks for both personal and business account
I'm considering keeping track of both personal and business accounts. I'm an old user of Gnu cash and I think I could manage with it.
What would be the benefit to swapping to a new cloud accounting ...
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How to include purchase Tax on purchases in QuickBooks
I have prices of products I need to buy from a vendor. However, these prices do not include tax. How do I include tax for a product I am buying from a vendor in QuickBooks Desktop Enterprise: ...
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Credit card expenses showing as Liabilities in QuickBooks
I have a business and I have a company credit card. I have linked this card with my QuickBooks online account. When I pull a "balance sheet comparison" report for the year, it is showing an amount in ...
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Recording of personal property contribution to S-Corp in QuickBooks
I began an S-Corp, and I contributed a truck, computers, and furniture. How do I record these items in QuickBooks? What accounts do I use?
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Coding Expenses to Vendors Without Entering a Bill in GnuCash? [closed]
In QuickBooks, when using the "Batch Transactions" window to enter transactions, I can allocate the transaction to a vendor without creating a bill. I.e., when I charge an "Office Expense" for copy ...
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How do I set up Quickbooks for a small property rental company that holds its properties in separate LLC's? [closed]
My company is set up so that it has a Property Management LLC (PM), Property Holdings LLC (PH) and several real estate assets, each of which is held by the PH but is also its own LLC (props). It was ...
