Reports & Accounting

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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Profit and Loss show $134,000 and Sales by product show $7700.

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Hello, 1. How does one produce a Expense Summary aligned with the categories need for Tax Filing. I am using Quickbook Online Easy Start. 2. Is there an integration with Turbo Tax so one can link the two in a way that changes made in quickbook are brought into the Turbo Tax till numbers are finalized and taxes filed. Can someone from Quickbook respond to this. And provide Training resources for this. Thanks.

Hi.I’m cleaning my products list for repeated and mistyped products. However, there are some invoices that contain the old version of those products and I only notice once someone else sees that an invoice has a deleted product and freaks out. I have to manually change the products to fix it, but I want to be able to find those invoices before my colleagues do and fix them before they notice the change in the product.Can this report be done? Or how would you work around the issue?Thanks

Can someone tell me how to change the name field on reports back to the payee when a job code has been used?

Hi everyone! I am wondering about this point: I use the QB2020 Desktop version, and can my accountant use it even though he has the Accountant online version? Would it work? Or does he have to have the desktop version too... Thank you!

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Hello,How do I record the purchase of  assets (computers/furntiure/microphones/headphones etc.)  for the business that were bought using personal funds of the partners? And How I reimburse those funds to the partners? I am familiar with Partner's Equity for expenses, but not sure about assets.

In my field of property management, a tenant invoice total could be derived of several items.  When performing month end reports for financial purposes, we need to provide total paid dollars PER ITEM.  I created my OWN Excel spreadsheet per property with all the items that pertain to that properties billing, but it's a lot of time consuming back 'n' forth from QB to excel filling in the item column blanks per tenant paid invoice.  Is there a way to print a "received" or "paid" dollars report that segregates the line items?  If it can't segregate per item and only break down the item information per tenant invoice, I can upload into excel and manipulate the rows/columns - because I also need to TOTAL each column. (ie: Base Rent dollars, vs. Operating Exp dollars, vs, RE Tax Reimbursement dollars, vs. Utility dollars, vs. Prior Year dollars, etc.), these are some of the items.  Any items that apply to said paid invoice should appear on this report for uploading i

I have made sure that they are recorded as a transfer between accounts when posting.

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