Because the firm-only ledger doesn’t include client access – you’ll find everything below can be done by you on behalf of your client. We’ve collated some relevant resources for you in order to make your transition over to QBO Firm-only ledger an easy one. Step ...
re going to be keeping the books for, learning all you can about how to keep your own finances straight, will save you time and money come tax season. When you use QuickBooks Online Accountant, you can join the QuickBooks Pro Advisor program, which offers courses leading to the core or ...
I'll start this off with what I like about Intuit. They have clearly invested significantly in improving their online ledger. Hands down, this is the best small market choice. For the most part, it's a pretty powerful way to produce results that gi...
Therefore, there is no need to keep the prepayment account and general ledger because it is done all at once and one time. In the past, Health insurance (always been 100% company paid) has been categorized as account Type, "Expense" as the company...
My company has set up an integration between QBO and Bill.com. If we process an invoice dated from earlier in the year (a financial period that has been closed), the expense will post to that corresponding month in QBO. This issue forces us to constantly restate our financial reporting. ...
All QBO versions have the ability to create an Other Current Liabilities account with Trust Accounts as the detail type. If you’re using QuickBooks Desktop, follow the steps below to set up this account. Go to the Company menu and choose Chart of Accounts. Select th...
I don't think I have communicated my question clearly enough. I not asking how to entry a deposit into the ledger of my QB, instead I'm asking how to ACTUALLY deposit he check into my account. I understand there are no physical branches to the QB Cash account ...
Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal ...
If you own the business you’re going to be keeping the books for, learning all you can about how to keep your own finances straight, will save you time and money come tax season. When you use QuickBooks Online Accountant, you can join the QuickBooks Pro Advisor program, which offers cou...
I inherited an accounts receivable ledger "customer" that was set up through a series of journal entries. The balance is net zero but shows as a hundred lines in my open a/r report. I have cleared all the debits against matching credits (this only w...