Banking & Currency

No text available

No text available

No text available

Hello! This is probably one of the silly questions but...How would you do it? Please bear in mind I'm an absolute begginer, I do not have an access to the bank, all I do is posting invoices and recording them on the ledger, then an accountant puts a payment into the account and I need to allocate it to the invoice I raised. Just a bit of backgroud :)  Let's say that there's a company that pays us in advance an automatic payment that they calculate based on rates on their system. We then send them reports of how much we actually delievered during that period and the company takes it into the account and processes adjustments relating to that period with their next automated payments for the next period and so on... The thing is that for example, one month I invoiced them $1000 and they paid $1500. I allocated this payment to the transaction which left $500 of overpayment/unallocated cash. The next month the same thing happened and just this month, I posted my invoice

No text available

No text available

No text available

No text available

No text available

I’m new to Quickbooks and started using it from my 3rd quarter. Where do I have to write the undeposited cash balance from the previous quarter? Last quarter I financed my company with a few grants bank transfer. Now I'm transferring them back to my private account. How to categorize the transfer? Wherever i’m buying something from eBay, or Amazon without taxes, do I have to mark it as 0 tax “out of scope”, or “zero rated”? Is there difference between “supplies” and “office expenses” for my taxes at the end of the year?

No text available

No text available

No text available

No text available

No text available

No text available

No text available

No text available

No text available

No text available

Hello, I have reconciled the account, but there are outstanding transactions on the bank recon register.  When I try to delete them, it says that they have already been reconciled.  Does this have anything to do with being reconciled versus being cleared?

Tried to adjust but column width remains too large!

With our OLD payment processor our clients were able to provide their banking details so that we could debit their business accounts for their quarterly subscription fees. I have not been able to figure out how to do this via QB online. Can anyone help me with this question.

No text available

No text available