QuickBooks Q&A

Hi Team!I want to inquire how I record commission collection from every insurance premium collected from our clients.Premium Payable to Insurance companies = Bill expensesBalance is our commission (based on total premium) How do we record individually? And I am having trouble finding 'other current liability in QBO. Any different alternative ways? TIA  

Hi, I am new to QBO.  When creating a new QBO file in Essentials or Plus , how do I turn off GST before I start using the file?

Hi In the QBO community, I have bookmarked certain topics or articles that are useful which I may need to reference to in the future.  Unfortunately, I am unable to retrieve them from my Profile.  

Hi,I noticed that when I import my COA from excel into QBO:    1. In reports, the COA# is appearing in the name of the COA                2. However, when I edit the COA from Chart of ACcounts, the number does not appear in the name.            Is there a way to resolve this? 

Hi, Is there a way to setup a chart of accounts templates under the Accountants Practice Management tab to facilitate setting up new clients in QBO? Thank you!

My home currency is in PHP, though I have transactions in USD and NZD, I want to generate my financial reports ( BS and IS) in USD.

I need to create the chart of account in demo company

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i tried yesterday - it works. Today totally dont work...

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how to change accountant

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Quick-Looks FAQ: Multicurrency   Multicurrency is a feature available within QuickBooks Online Plus and QuickBooks Online Essentials. This feature tracks your foreign currency transactions including any exchange gains or losses you might incur.   How does Multicurrency work?    If you have transactions in different currencies, QuickBooks' Multicurrency feature helps you record them easily without worrying about exchange rate conversions.   Quick-Tip: Once you turn the multicurrency feature on you cannot turn it off again, so be absolutely sure you want to turn it on. Check with your accountant if you are not sure.    How do I add transactions in a foreign currency?   After you have turned on Multicurrency and have connected banks that use foreign currencies, you can add transactions into QuickBooks Online.  How do I assign a foreign currency to a customer?   QuickBooks Online makes it easy to assign a foreign currency to your customer

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Previous bookkeeper is located in Canada, they are using Desktop version. I was only given a backup file. I contacted the help desk, they referred me to Transaction Pro. The 7 days trial of Transaction Pro and help desk bring me no where. I contacted QuickBooks help desk again, the officer informed me that Transaction Pro can only import and export Excel, asked if I can covert the backup file to Excel for import to online!  I even downloaded desktop trail version, I can't restore the backup!   Can anyone help to tell me what can I do now to get the desktop company file (with data) migrate to online asap? 

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Something's not quite rightYou can only use home currency balance sheet accounts with home currency A/R and A/P accounts. That note keep on appearing on my screen. Entries cannot be save although same transactions were posted in the previous months.

How will I be able to pull the list of any module be it purchases, incomes by using access token in API call?

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Quick-Look FAQ: Inventory    Learn how to set up, track and manage your inventory in QuickBooks Online Plus.    How do I set up and track my inventory?   QuickBooks Online makes it easy to manage and track your inventory. Track what inventory you have on hand, get alerts when it’s time to restock, and see insights on what you buy and sell. You can also enter non-inventory products and services so you can quickly add them to your sales forms. We’re here to help you get it all set up so you can get back to business.  Quick-Tip: Inventory tracking is only available in QuickBooks Online Plus. If you don’t have Plus, upgrade your QuickBooks plan to start tracking your inventory.    How do I add new inventory items?   You can add everything you buy and sell in your inventory into QuickBooks. QuickBooks will then update the quantity on hand for you.  Learn how to add your inventory products in QuickBooks Online Plus.   Quick-Tip: If you

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Per Reconciliation Report - Stmt bal=$709,958.51, cleared balance=$702,642.71, Difference=7315.80. GL balance $709,958.51, same as bank stmt bal. All transactions are categorised, there is no transactions for review.