Banking & Currency

No text available

No text available

No text available

When batch entering transactions, or entering transactions with the account register, is it possible to label outbound transactions out of  a bank account as NOT cheques? I do year-ends for clients who obviously transfer money electronically, but all Quickbooks Desktop appears to have for electronic transactions is "cheque", credit card charge, deposit, bill, invoice, and credit. This is extremely misleading to the client as we have no way to enter non-cheque multiple transactions coming out of a chequing account, aside from incorrectly labelling them each as cheques.

I have not entered the balance forward journal entry yet. Moving from another system to Quickbooks. Yet there is a beginning balance showing for the bank accounts

I had 2 bank account in my system.  My base is in CAD and the second bank is USD.  Before I activated the multi-currency feature, I simply used CAD for both account. Now I activated multi-currency option, is there a way to change one of my current bank accounts to USD type? or do I have to create a new USD bank account?

No text available

No text available

No text available

Multi Currency is on, and I have NZD and USD set up. When I go to pay the NZD bill, and choose the USD account it was paid from, the exchange rate only allows me to enter a NZD to CAD exchange rate, which is my home currency but I paid it out of a USD bank account. I need to enter a NZD to USD exchange rate. My home currency has nothing to do with this payment.

Payments/Canada issue: I had a customer pay two outstanding invoices on Jan 4 2022, received notice by email customer made payment. Never received email notice that Money is on it's way. Money has not arrived in CIBC bank after 2 weeks.

No text available

Okay so I have 1 personal checkings account, and one newer business checkings account. Currently, both accounts are linked to my QB. I didn't have the business account open at first, so I was using my personal to deposit client payments, as well as paying off a business credit card. Then I got my business account, and I transferred the client payments there. I'm wondering, how can I keep track of this on QB? Should I have this personal account linked to QB, and if so how do I exclude all personal expenses without messing up my balance sheet? If not, how do I track the client payments and the business credit card expenses (paid off with personal funds)? Thanks so much!

I made a data entry error when entering 2021 YTD totals. The entry error was in transit from QB Desktop to QBO. the values in QB desktop are 100% correct it was my data entry error when punching in the values during setup

Migration to QBO-Migrated a client from Sage50 to QBO, using the TB numbers. Everything is nice and dandy, except for my bank reconciliation.The number from TB/BS has an amount of O/S items within it, which creates discrepancy in my bank reconciliation.I have solved this issue before, but right now, my brain is about to explode and can't remember how I did it.Does anyone know how to do this to have my GL-Bank intact, and my starting balance in my bank reconciliation correct?

No text available

How to unmatched transaction if the linked bank account was deleted? Transaction List still shows C in the CLR column and it wouldn't let me change the payment account. When I try to link it again, it would just download transactions again. 

No text available

This is not a term in our chart of accounts, nor an institution we have ever paid or received payment from.

I entered the wrong opening balance in my banking account when setting up QB Desktop Premium. I have already posted transactions through the account. How do I change the opening balance to the correct amount?

Hi, I received a refund from vendor after the bill was paid. I followed step one to deposit the refund check and followed step two to create the credit. Do I need to do something else afterwards? I see that step three is linking the deposit to the credit but I don't understand how to do that if the bill is paid already. In the instructions it says to go to pay bills, but the bill is paid already. Thank you to anyone that can explain this to me! 

Entry from Online Bank 100 Sale of product -100 s/b Bank 100 Undeposited funds -100 QB wants meto designate a bank?

No text available

No text available

Asks for RBC security questions to link bank, and says security questions were answered incorrectly, when they are 100% answered correctly.