Reports & Accounting

Hello,  In the last year we switched from QB Enterprise to Online. In the conversion QB internally generated an "unrealized gain/loss account" on our P&L and started recording  to the account. We operate in USD but we report in Canadian dollars as we are a Canadian company with 95% US customers.  QB populates the unrealized amount by the difference in the invoice FX rate and the payment FX rate. Then I deposit it to the bank account and a realized gain/loss is calculated on the exchange between the deposit date and the payment date. The realized gain or loss is on our chart of accounts and we can book to this account. However, because the unrealized gain or loss is not on our chart of accounts, I cannot book adjusting entries. Currently, there is a difference between our USD AR on the BS and Trail Balance because unrealized gain/loss is not recognized on the Trail balance or General Ledger.  How do I fix the issue of unrealized gain differences be

Hello I work for an accounting firm in Canada and use QBO. I have some clients that have nonprofit companies.  I am under the understanding that QBO US and QBO Canada do not offer the same reporting system for nonprofit companies.  Apparently I have to use a parent app through QBO to access these Report.  Does anyone know the best App that can be used to produce reports such as "Statement of Activity and Statement of Financial Position".Thank you for your help in advance   

Who can help me with this as I have called QuickBooks and they said its not possible. But there is no way you can allow your employees full reign of reports. I just want them to have access like we did on desktop for invoicing and receiving payments. Also does anyone have any luck with removing the dashboard for all users to see when they open QuickBooks?

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The connection is good, re-established yesterday

Hello, I’m concerned about how to record an incurred bill before the end of the fiscal year (31 march) for the service received. The vendor send me the bill (estimate) and said that the amount could change depending on the participants. So, my question is : how do I adjust this bill for the next fiscal year ? For ex : let’s say, I recorded a bill with $1000 in march, then I received the vendor bill $900 in April. So what will happen to the remaining $100? Thanks  

How do I automate number sequencing in journal entries? I have put in a starting number a few times when I made an entry, but the next journal entry window is again blank in the entry number box.

Does anyone know how to set up group and heading on chart of accounts?

We are into the second month of using quickbooks.  We are linked to our chequing account and have categorized monthly bank fees as Transaction type: EXPENSE and Category: Bank Charges.  On the balance sheet this shows up properly as a credit transaction in the Assets section but there is no matching debit transaction showing in the Liabilities and Equity section.  Any ideas why and where to look or do I just need to do a journal entry for the debit transaction?

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Hi - I've linked my Acuity account with QBO and I understand that every time I add an appointment in Acuity an invoice is created (unless I choose only add customer). My problem is that I routinely book appointments a few months in advance and as the date gets closer they cancel or reschedule.  All of this is fine on  my end, and I know QBO would automatically void them, but this would create a mountain of voided transactions. So - what I would really like to do is to Batch Import invoices from Acuity to QBO once the appointment is finished.  Is this at all possible?  It doesn't even need to be Batched really, I would be happy with doing it one by one if needed. I'm pretty sure I am SOL here, but I thought I would ask. Thanks!

Now there is "Tag" cell in all bills or invoices page. And I can run Tag summary report under Tag item. But there is no Tag option in any of report customization column. So I cannot add Tag in any of reports. This is very important feature. Can you please add it ASAP?

I am putting the opening balances in QB. When I enter my bank opening balance, QB is entering an equity entry for the same amount. However, I have my own amounts for equity accounts.

Hi, I'm currently working on an automation tool to convert estimates to invoices. The problem is that the tool I'm using (Zapier) does not have the "Create Invoice" action on Quickbooks. Instead, I'm reading the estimate and creating a new invoice with the same line items. I'm just wondering if the "Create Invoice" button does the exact same thing or does it have other logic?

I can not insert more than 1 acc. payable in a journal entry. Do you have any idea why?

Can you set up so only some Customers have the Automatic Statements sending out and not all Customers?

I have entered vacation accrual at the proper rate for each employee. Each pay stub shows employee what they have earned in hours for each pay but I would like to see a report that shows me $$$ not hours. There is a report that shows total accrued $$$ todate but want a break down.

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If I have home office expenses such as rent, hydro, utilities, etc., how do I categorize them in my expenses? I have been using "business use of home" but it doesn't show up as an expense on my tax summary which doesn't make sense. Is there anywhere I can enter this information so that it keeps track of it for me (the running total and the business percentage)?? Please help.

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