Reports & Accounting

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Hello,I'm looking to create a sales report but I need the Manufacture Part Number on the report. I've tried several different reports but can't seem to manage it. Is it possible? I would be grateful for any advice on this. Thank you. Janine

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Can I change this so that it shows in the GL?

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I am in the process of setting up the opening balances in QB and am having trouble getting this account set up.

I am using QuickBooks pro desktop 2020. There is no asset manager. How can I change the value of a fixed asset? do I create a depreciation/appreciation "other expense" account? Then use that account to record the change in the value of the fixed asset?  If I do that then the income statement  and balance sheet look quite different of course. I am not an accountant so maybe I just don't understand the terms but Net Income is not really what we made as income in the year. It look like "Net Ordinary Income" is the actual income. Am I doing this the correct way?

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My wife and I started a new incorporated business in August 2018.  I do the bookkeeping with Quickbooks Pro Desktop. In the first year, I made a rookie mistake and entered funds that we personally provided and the money loaned by the bank as simple deposits.  In June, as I was preparing the bookkeeping records for our accountant, I deleted these deposits and recorded them as General Journal Entries (Debiting our bank account and crediting either a Shareholder Loan or the Bank Loan). Unfortunately, this has resulted in a significant Discrepency in the beginning balance for reconciliation of our business bank account. Many thanks, in advance, for your guidance as to how I should handle the bank balance discrepancy!

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Hello - I'm trying to figure out a way to determine how much I'm invoicing (NOT being paid, but billing OUT) each month for various products.  I am in a small office where billings for different providers are listed as different "products" in QBO, and I want to be able to see at a glance who is billing out how much, for each month.  Can anyone help with this? Larissa

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If I enter the expenses as ITEMS then they post correctly to the income account, however there are other issues with items which prevents me from using them. If I enter the costs as EXPENSES then they offset the COGS account instead of posting as income.  How can I make income from billed COGS post correctly to the income account instead of offsetting the COGS account? Gross Margin and Net Income are accurate on a P&L but COGS represents the vast majority of our costs so it's frustrating that Total Revenue and COGS are so wildly inaccurate.  QB support have not been able to resolve.

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The person before I was hired didn't know a lot about Quickbooks.  Instead of matching or excluding downloaded transactions from the bank and credit card accounts, everything was pretty much added.  Now our general ledger is FULL of duplicate transactions / entries.  How can I undo all the reconciliations and get rid of the duplicate entries, or am I better to just delete it all and start over... I really don't want to start over but we need it fixed   

I have staff entering the class on their timesheets, but that isn't being pulled into the P&L by class. Why on earth would Class show up on the time sheet, but then not be used for the reports? Just to give us a warm fuzzy feeling? I spent well over 20 hours getting this customer's file set up in QBO, but I'm going to need to keep him in Desktop because this doesn't work. Very upset right now.

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