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I am helping a business move over to QBO (currently using excel). Their year end is August 31 so we are moving everything from September 1 and on, over to quickbooks. I have setup opening balances for every account except for Retained Earnings. How do I enter an opening balance for Retained Earnings without having to enter all revenue and expenses for every year since the beginning of time (business has been active for 10+years)?
HiI have deposited an amount of $1000 using the business credit card to order a new truck for my business. After few months, the order got canceled and the car dealer returned the deposited amount of $1000 as a cheque which I have deposited in the chequing account.Now, I'm confused on how to record those 2 transactions. Can anyone help me in this regards?Thank you very much in advance
I have automatic mileage turned on on my phone app but how do I manually enter mileage from January to April before I started using Quick books. Tried to manually enter but it won't let me get past the to address field.
Hi Everybody,Can anyone guide me on how to record company vehicle registration and license plate renewal fees (by Ontario Ministry of Transportation) at service ontario (Canada)?Thank you in advance
When I pay my employees, the payee all has the same name so when I go to the expenses, it shows the same name getting paid different amounts. I have double checked with my employees and they are all getting paid so that is good but I want to correct my books so that it shows me in the expenses who got paid what amount. If you know how to fix this please let me know. Thank you!
We know there are a lot of questions right now, and we want to make sure that you have all the information you need to keep yourself, your business, employees, and customers safe. Our CEO, Sasan Goodarzi recently published information on how QuickBooks—and Intuit as a whole—are working to make sure that we are here for you when you need us. You can read Sasan's message in its entirety on the Intuit corporate site. Additionally, to keep you informed and educated, we’re compiling helpful tips, tools, and resources to help your business during COVID-19. We are updating these pages regularly to make sure you have the most recent information: www.quickbooks.com/smallbusinesshelp And as always, our community and social team is available should you have any questions.
This seems silly but I can see how to enter a client name and address on an invoice - but I don't see anywhere to enter their company or organization name. Am I missing something?
Hello, How do I delete a cc with a balance (the company is no longer paying it). Once deleted, what happens to all exiting transactions? I need this removed from the balance sheet asap and hoping someone can help :) Kate
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