Account Management

How do I add new accounts and alter the name of existing accounts along with numbering them?

I have a very simple Bare Land Strata Corp with 15 lots to set up.   We have a May 31 FYE.  Our owners generally pay their strata fees in January for the calendar year.  I want to show the income on I & E statement broken down by FYE that they are paying for.   Suggestion on how to handle this?  Under Chart of Accounts should I create an account eg.  Strata Fees:2019 FYE:Lot 01 then another for Lot 02 etc.  Then another account for Strata Fees:2020 FYE:Lot 01 etc then create a new account each an every year?  How to Item Lists come into play?  I am confused.  Any suggestions would be appreciated.

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Hello, Does anyone know if it's possible to setup a MFA (Multi-Factor Authentication) for Quickbooks desktop? Thanks,Ash

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Hi experts,We are a non for profit organization, which provides multiple services based on funds received. One fund can be for multiple programs which all expenses should be tracked in each program.My question is: how to set up chart of accounts properly to reflect costs in each program and each fund envelope?Really appreciate for your answers.Eric

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Hello,  I am setting up a new Quickbooks Online Plus account for a fitness company that i just purchased. The business has four separate locations that operate under the same legal entity. I know that QBO is able to track by location and classes. I am trying to understand if it possible to split an expense by each location. Examples of what I'm trying to do:An admin expense for Office Supplies split evenly between the four locations An instructor expense that teaches at different locations during the monthI have been told I cannot split an expense by Location and should instead use Classes.I was hoping to use 'Classes' to differentiate between different types of revenue sources eg. Revenue from Retail, Revenue from Group sessions etc. I also have instructors that go out and do private sessions  - and want to be able to allocate the revenue (and expense) by each location depending on which location the student is registered to. Again I am told tha

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I'm trying to complete purchase of QuickBooks Self-Employed. I'm stuck on the page where I have to provide credit card informations as well as my company address. I have to fill in my city name and my postal code. Now, here's the catch: my city's name officially contains hyphen, but QuickBook's form ask that the name of the city contains only letters or spaces. So whatever I do, I get an error message. If I type in my city's name correctly (that is including hyphens), the postal code field is green, but I get an error saying that the name of the city must contain only letters. If I type in my city's name with only letters, then the city's field become green, but the postal code now shows an error saying the postal code doesn't match with the city's name. And yes I have read other similar posts on this forum… No this is not an issue with my browser cache or session state, and no this is not a case of copy/pasting my city's name from Canada Post database (actually, I

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