SUMMER SAVINGS 90% OFF QuickBooks for 3 months* Ends 8/27
QuickBooks Q&A
Recently active
No text available
I have been using journal entries to record prepaid expenses.Scenario:1 Oct I made a prepayment of R100.4 Oct I was invoiced for the actual services of R11.50 (including VAT)On Quickbooks online:Journal entry 1 (1 Oct):Dr Prepaid expense 100Cr Bank 100Journal entry 2 (4 Oct):Dr Expense 10Cr Prepaid Expense 10[Note: system asks for VAT type next to the journal entries and I chose standard 15%, at the bottom it shows total is R11.5]When I went to check my VAT report, journal entry 2 is present however the VAT amount is R0.When I check my prepaid expense balance it shows R90 (instead of R88.50)
Company was setup effectively from 18 July but there is bank data that exists prior from Feb. How does one populate/import the banking data? Is there an option to import data manually or otherwise?
I'm new to QB & want to learn how it works.
The system stated that, it can only get transactions from 19 September 2019. I need the system to retrieve transactions from at least 3 months back.
How is best to record the transactions to be able to collate into one entry at end of financial year
I have uploaded financial information and the data was incorrectly captured. I need to fix this. How do I fix this?
Hi Guys, I'm using quickbooks plus subscription I've followed the instructions to enable price rules in quickbooks online, however, the option doesn't exist under Account settings--> Sales. Is there another way to activate it or is the function no longer available? I've attached a screenshot of the settings available to me
Already have an account? Login
No account yet? Create an account
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.