Banking &amp; Currency

accounting205

Can i leave the bank account unreconciled in a month to be reconciled in another month?

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amy41

How do I record interest charges on a Line Of Credit?

I have a line of credit, my bank doesn't display individual transactions online. So the monthly interest increase isn't automatically recorded in QBO. I used to be able to add an increase in the amount owed through "add an expense" section. That pathway now requires an account the payment comes from, and it will deduct from that account. Which is problematic because the interest charges are paid for and already accounted for in my monthly payment.

northaccounting

I am an accountant and need to unreconcile a client's account. How to do this?

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HeadsHurtin

Client Corporation with many connected personal accounts and Onwers Contribution / Draw

I have a Client that has not filed taxes since 2015 and is incorporated.  The client connected 4 personal accounts to QBO as well as 2 business Accounts.  Originally After the connections were made and updated online, most accounts had activity within the last year however all missing transactions were file uploaded to each account via CSV files.  Now this is where it gets tricky.  My client indicated that many of the transactions in the personal bank/credit card accounts were contributions to the company as they has been using all 6 accounts to conduct bushiness expenses.  So problem ... 1) How do I solve the issue of the thousands of business and personal transactions that were uploaded and downloaded that need to be recorded as contributions and expenses?2) what do I do with the personal transactions from the personal accounts that are not business related that were uploaded? and 3) The client took draws on a regular basis, and took dividends (as the they ha

sarah61

I created a deposit entry for HST tax refund - not aware there is an accounting section in QB on line - how do I fix this as already reconciled

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k-hawke

Once you have finished a bank reconciliation can you go back in and edit it?

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mandeep2

Some one linked the bank account and the bookkeeper was also entering each bank transaction manually. So now we have 2 bank accounts, how can I get rid of the other bank?

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DGH1

Bank acct has updating up to date & none to review, but the QBO and Bank don't match. Bank stmt has 6 old transactions that failed to upload. How best to post now?

The missed transactions seem to be just skipped months ago. Can they just be posted direct as bank account activity? Will QBO balance then adjust?

NV19

Bank reconciliation weird issue

Our bank reconciliation list contains amounts posted not only to bank account, but to different accounts included in GJ transactions. If I click the button "Mark All" only the correct amounts are marked and the reconciliation is okay. However, the amounts from wrong accounts are still sitting on the list as unreconciled and if I check them manually the discrepancy is huge.Please help me to understand what happened and how to correct that.Thanks

I can't find undo function key in the to undo bank reconciliation. in the action it just show me print only? please help

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AMK19

Banking Downloads going to my Enterprise Quickbooks instead of my Premier quickbooks

When I am in a clients file in Premier Accountant and asking to download the recent bank transactions ... my Enterprise opens up and wants to upload the bank transactions there.  I just downloaded Enterprise as I am just starting to need it now.

DebbiW

editing a bank deposit

I selected 21 sales orders from undeposited funds all at once and now they show as one bank deposit. I need to undo this and process them seperately particularly since they go over our year-end.

serair

Removing matched transactions from the downloaded transactions list

In the mac desktop version: There used to be a window that would pop up when closing the window of downloaded transactions that would ask if I wanted to delete them. I checked the box that said something like "don't ask me again," but now I want it back. How do I undo that so when I close the window it will ask me if I want to delete them? Thank you. 

fara1964

back reconcillation discripency

Hello! I haven't done the reconcilliation for a while and now that i do recocillation i end up with a lot of discripency. what should i do with this discripency and how to adjust this amount? thank you faramarz

2019123

I have added a new business account at The Bank of Nova Scotia (Scotiabank). This new account is not showing up in QB.How do I get added?

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tiberieus

Home currency adjustments leading to taxable realized foreign bank account gains?

I have Canadian dollars as my home currency. I did a home currency adjustment (HCA) to bring the (Canadian) balance for my USD foreign bank account on the Balance Sheet into line with the ACTUAL balance in my USD foreign bank account, using the exchange rate on the date I did the HCA.As a result, Quickbooks posted a HUGE amount of INCOME from foreign exchange to my P&L report. Why would this happen since I already applied the appropriate exchange rate of every transaction at the time of the transaction, and reported the exchange gain or loss already?

cmcgill

Remove item from the Match Transactions screen

In the Match Transactions screen, I have downloaded transactions that will never ever match; for example, errors from previous fiscal periods. Is there a simple, simple, simple way to just remove them without actually fixing anything correctly? I'm not interested in understanding what I did wrong, which is probably a lot, or fixing things the proper way. I have transactions just sitting there from years ago, and I'm never going to fix them; I just want them to go away.

Hleon

why is my information only have transactions until mid June?

Hello I don’t see any more transactions after mid June, can someone help me to figure out what happend? I haven't changed bank information

RJantz

Can I edit the amount pf the deposit? It states what I deposited, but because Square took a fee, the bank account shows that, BUT I have to pay GST on the full amoount.

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SunnyH

Manulife Bank One Accounts Don't connect

I was able to connect with Manulife Bank account but not all the accounts show up. Only check and the Savings account show up and can be linked. The Manulife One account and other Manulife Loan accounts cannot be linked. Please assist.

ToulaD

quickbooks does not have an online account to handle these transaction

I just upgraded to qb Pro 2019 from 2016, and when i tried downloading bank transactions i received the error message:  quickbooks does not have an online account to handle thsese transactions.  in 2016 version they worked fine, the accounts are in my chart of accounts with lightning bolts.   Ive tried creating a dummy account and merging but no luck.  Any other suggestions?

An e-transfer was sent, and not activated by the recipient in 60 days, so the bank re-deposited the amount into my account. How do I best record this transaction?

greenislehomes

How do I delete a payment and apply it through the bank on A/R?

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zkwatchandlearn

How to record withdraw and deposit for the business owner

Our business owner accidentally withdraw $2003.75 from the business account. He withdraw $2000 and bank charged $3.75. Should i record this as Due to/from XXX     2000Bank charge           3.75   Chequing account     2003.75 when the owner deposit this money into our chequing account, he deposited 2003.75. How should i record this? Chequing account  2003.75   Due to/from XXX        2000 I don't know which account should i choose to balance this out. 