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Banking
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I can’t link to my bank and I’d like to add another account.
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My bank reconciliation does not match my trial balance. I am using QB's online. I am going through an audit. I balanced my bank account as of 12/31/2019 to the bank statement and now I run a trial balance ending 12/31/2019 and the 2 do not match. WHY? All the past conversations related to this topic are from 2018 and for the desk top versions. PLEASE HELP! ASAP!!!
St. George bank for transactions (not working - Banking screen says "Updated 7 hours ago"). ING still works.
Hi all,Please forgive the newbie question for someone new to business and recording everything digitally, instead of using a spreadsheet.I recently started using Quickbooks Online to record all my income and expenses relating my business that accepts PayPal. When I've entered Sales Receipts for my sales, for example $100.00, I've entered as received $100.00 (including GST), even though PayPal took their cut of $2.60.In total for the month of February, I paid total of $300.00 (example) in PayPal fees. When do I record these fees? I'm guessing it's in the reconcile option?I'm very late to start recording everything so really rushing to get everything completed before BAS lodgement date. But since PayPal is GST free, I don't think it's required to include on BAS, I hope! Just required in terms of reporting Profit & Loss? Thanks in advance everyone :)
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