QuickBooks Q&A (UK)

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Hi everyone,  At the beginning of our business, we had a few expenses which we paid with my personal debit card. I do not want to get this reimbursed, as I see them as initial investment, but I would like to record them properly.  I have seen several suggestions. One being, to record the expense as an expense (eg. +10£ at Amazon) and at the same time add the same value to the owner's investment/equity account (-10£ at Owner's Equity). While this seems to work, I have noticed when I create a report or check the supplies list, the amount spent on Amazon does not reflect this value. Something else that is also strange, is the fact that I need to register that expense into a payment account. would it not make sense that you could just select the owner's equity?  Has anyone found a better way to deal with this issue? Or is there something else I am missing? Many thanks in advance, Ana 

Is anyone else not able to file their EPS via Core Payroll as Quickbooks is saying there is an error.It is saying the following...... Error submitting filing electronically. Error reason:You cannot submit filings out of order. They must be submitted in chronological order. If you have recently submitted a filing, please wait for it to become Accepted or try again in a few minutes. How do I overcome this?  

Cannot add HalifaxHelp 

Hi, I saw few post, but they look like 5 years old and with all update, not sure if it's up to date. Also if they are, then I'm honestly confused. I have invoice which got paid via bank, but bank deducted some currency conversion fees. I do matching and then press resolve difference.It lets me add new transaction and I do it and final sum looks ok. But then I press match I get "The selected and downloaded transaction amounts don’t match. To continue, resolve the difference."But I already did this resolve difference.. I read in old post, that some extra steps are needed, but then why this is a function if it does not add auto expenses after I fill them?  

Hello QuickBooks,Do you have any office in Pakistan or any Experts or Pro Advisor in Pakistan with whom you can connect me ? 

Is anyone able to let me know if the Sole Trader option allows the user to reconcile the bank account, or is it just the accountant?

Hello,I have added customer details into my list of customers, but the only ones that are matching invoices to those customers are the ones that have automatically downloaded from my connected bank, where I recorded the invoice as paid. The ones I have manually downloaded don't link to customer and I can't find a way to link them.Any ideas how I can do that? Thanks, Sally

I'm a self employed person currently working from home for the past 12 months. I was wondering what's the best way to include deductions for things like number of rooms I use, internet bills, council tax, etc. Normally this is something I would let my accountant do but I'd like for my own benefit figure out how to calculate these values and if I can, how can I add these to my expense on QuickBooks.Thanks

Hi, I started with quickbooks in 2016 and all was fine that year.  Somehow I have gotten off this last year (2017) with my balances and was hoping there was a quick fix to adjust my "in quickbooks" balance to match my "bank balance" in quickbooks (this matches my bank account balance it is just the in quickbooks that is way off). If I knew what I did wrong I would go fix it but I have no idea what has happened.  Thanks for your help.

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As part of my business I send a lot of invoices that are often paid in 2 parts, currently I use First Data for card payments which means that when someone pays their invoice via card the full amount is paid into my account so I can add it to the invoice via Quickbooks, the fees are taken monthly on all card sales. I'm looking to switch to either iZettle or Sumup but these companies take their transaction fee before they pay you you meaning if I take £100 they might pay me £97.50 or something like that, my question is how can I track this as if I add that against the invoice it will show as £2.50 being outstanding. How can I track this to keep the tax man happy and avoid confusion on who owes what.

In the All Sales screen, if you filter under "Type" for "Estimates", there is then an option under "Status" to filter for "Expired" , but I cant find how to mark an Estimate as "expired", which would be really useful. Any ideas? Thanks

Hi, When entering a bill and/or supplier invoice either by bank feed or manually and this supplier/service is from a company who is not VAT registered ( I am) do I enter code Zero rated or No VAT?and what about companies/suppliers who are VAT registered but have not billed VAT e.g. Advertising on Facebook. Thanks

Our CAF Bank and Unity Trust Bank accounts aren't updating?

Morning,Intuit subscription payment taken from my bank account yesterday.Price has gone up almost 20%.... again!No notification that there was going to be an increase, there never is, which i am sure is not legal.Anyone else experience this issue? How to get to the bottom of it?Thanks

Hi, I realise this has been answered multiple times but I still don't understand how to do this. When I started my business there were several bills that needed to be paid before the company had any money in the bank. I paid for these from my personal funds and created a bill for each of them in QuickBooks. I'd now like to record a director's loan in quickbooks to track the money I gave the company - so I can get paid back in the future. I'd also like to "pay" these bills with the money from the director's loan - so they can be included in the company's vat return and end of year accounts. Any advice I've found here just helps with the first part. This KB article seems the easiest way to record the loan - https://quickbooks.intuit.com/learn-support/en-uk/help-article/supplier-loans/record-director-loan-quickbooks-online/L4xmQTWCA_GB_en_GB

I'm new to Quickbooks so please be kind! I am a book keeper to trade but I'm struggling with QB when a payment is made to an employee on the bank transactions I have been selecting Wages Control Account at the end of the month I would gross up my wages and allocate to the correct nominal codes. On QB I see that the wages control is a credit balance I don't understand this should be a debit balance - credit bank debit wages control for me then take it from here gross it up and allocate the correct payroll categories.

HiI have to do home currency adjustments in my accounts.  everything works beautifully for foreign currency for my bank accounts in my trial balance but for my foreign currency accounts receivable and accounts payable accounts the values are perfect in my balance sheet but are all wrong in my trial balance.is this normal?this is very challenging to explain to my auditors when working on annual tax returns and the adjustments we have to make cause a lot of confusion.quickbooks desktop did not have this problem.what is the solution when trying to present the correct trial balance info to my accountants in order  to create our annual financial report?thank you

Is there a way of adding the pictures uploaded on the products list to an invoice? A jeweller client had this facility in another accounting system (Debitoor) and I cannot see how to customise the invoice to include pictures.   Grateful for any advice

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Is there a way to fix the addresses that get displayed on quotes? When I have First Name, Last Name, Company Name, and Customer Display Name filled in (which all of our customers do, as they're needed for the job dispatch software that rides on top of QB), I get addresses on my quotes like this: Bob LoblawBob Loblaw's Law FirmBob Loblaw's Law FirmActual adress, 123 StCity, Province, Postal Code Bob LoblawBob Loblaw's Law FirmLocation NameLocation address, 456 AveCity, Province, Postal Code And no matter how many times I delete those first two lines which shouldn't be there in the first place, it puts them right back as soon as I save. And if I delete those fields, it puts the location name in front of the billing address, where it *really* doesn't belong. How do I tell QB to stop adding things to the addresses that aren't part of the address? There are shipping and billing address fields - just display those by themselves! That's what they're for!

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Hi team! I am a Yoga instructor and run Yoga retreats. I am wondering:How do I classify the expenses I spent on the retreat such as tour guide, accommodation etc? (Which aren't my expenses but the expenses for the whole group) Currently it is classified as other business expenses. Thanks so much! 

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