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Reports

Reports

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1292 Topics
kendre123
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userluqmansyed125
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David-Ridgeway
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jdg1
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abdomunla
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rudney_rmd
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akpmumbai89
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LOAN ACCOUNT & ITS PAYMENT entries

FOR INDIAN BUSINESS USER : We have one situation and is described as:Suppose LOAN is taken from financial institution & is transferred to the Company's bank account.Later on, the loan is transferred to the owner's Saving account to earn some interest from his personal saving account. But EMI payment is being done thru company account only. How entries will be done? Eg.MAIN COMPANY > LOAN from other xyz bank > Get the loan from xyz bank > Amount is credited to the company's current bank account  > Later loan is transferred to owner's personal saving bank a/c >  EMI is paid by company's current bank account till date. A loan is taken 4 years back. Which entries need to be passed in Quickbooks?    

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shonellenovatoco
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rudney_rmd
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muendo
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EHolmes
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ramarao-kodabath
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ahmedhashim
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girishk1963
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tina28
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grandhivecoffee
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Jeni-31
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Bookkeeping in QB, but a 3rd party POS system, with in person and online sales

My company currently only has one customer as we sub-contract all our work to them and they do the direct-to-customer sales. But we are about to change that and start selling services and products directly to customers. We currently do all of our bookkeeping in Quickbooks Online, and with no inventory to keep up with, it's pretty simple. Once we start selling, we will be doing both online and in-person sales, with at least the online sales being through (most likely) Shopify on our website. How do I bring the online sales into Quickbooks online without looking like I've duplicated sales? Or is there a way to bring in the numbers without the transactions so I can still do accurate reporting?And what about the inventory? If I sell online and in-store, how would I keep my inventory synchronized across both systems? 

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Fiat Lux - ASIA
rkhk276
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srdfpushkar
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saurabh-novasatu
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militzatromp-gma
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girishk1963
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Rajdeep
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info1243
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accounts-number8
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