Banking & Currency

Started new Quickbooks account Apr 23/22. Bank connection successful. However bank transactions from Jan 1/22 (no transactions period) will not populate on Quickbooks. Does quickbooks only populate bank transactions from the day I signed up?

I have a client that has 2 chequing accounts with the same bank, one is Canadian Funds and the other is US funds.  Instead of transferring funds between the two accounts they have decided to use a foreign exchange to get a better exchange rate. So they send a wiretransfer to the foreign exchange from their canadian bank account.  The foreign exchange then deposits the US funds into their US bank account (taking their fee of course). I'm struggling with how to record these transactions.  Its like a transfer between accounts however there is a middle man in the process. The first transaction, for simplicity is like this.1) Send $20,000CDN from canadian account to purchase $17,000 US.  So payment of $20,000 comes from Cash but they haven't really purchased anything.  They have a credit to their cash, an exchange loss/gain and then - really nothing.  I suppose the foreign exchange is technically an A/R at that point as they owe them the funds.2)

what do you do when quickbooks says to update bank sign-in info, but it won't work even though all the passwords are correct etc. (I can log on to my online banking fine through their website)

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I've managed to create a business account but I'd like to convert that to a personal account.

We have 24 cheques that were not reconciled at our last bank reconciliation before transferring all of our data to Quickbooks Online. In order to do the next bank reconciliation, I need those cheques to show in my register without affecting any account balances. Thank you.

In the bank feed, I excluded and deleted transactions but they keep showing up again in the bank feed when I update the bank.

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I by mistake added 2 business they are the same business . Just with different names

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If i cancelled my Quickbooks account the same day as opened, will they credit me the fee? I opened a duplicate account in error. Dont want to pay twice

When reconciling our bank account we end up with duplicate quickbooks fees for each and every payment we receive through Quickbooks. Only one is being paid through the bank and is matched with the quickbooks expense, the other we have to delete during reconciliation. Help, please!

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Can a bank account be disconnected from the mobile app

Restarted using QB in Jan 2022. There is a balance in Undeposited Funds from 2017. How do I remove that balance without "depositing to bank". Essentially I'd like to start with the bank balance as of Jan 2022 and a zero balance in Undeposited Funds.

I do not want to include a particular bank account with this app. How can I cancel or remove the linking between the two? Thanks

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I've botched up my Undeposited Funds account starting in 2018. The outstanding balance was only -$229.25 for that yearend. I didn't notice that the account was out of balance until the end of 2019. At the end of 2019, the account had an additional balance of -$62703.41. To clear these amounts, I passed two journal entries: one for each year. These were:Dr Undeposited FundsCr Exchange Gain or Loss These journal entries cleared out my Undeposited Funds account but then I had these items in the list when I want to make a deposit. I since now deleted those journal entries so the balance in my Undeposited Funds account is out again. Thought starting from scratch might be best. How do I best clear the balance?  

This causes double entry for funds recieved ie receive $ from customer and then when trasfered to business bank account it shows received again!

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