Reports & Accounting

The company I work with uses QBO.  I have a question about inventory.  I am just finding out our accountant does inventory adjustments every month due to negative inventory on hand.  Sometimes negative inventory is a timing issue due to customers needing invoices before product arrives etc.  I know this can't happen at year end but monthly this shouldn't be a problem.  Due to this, we have no idea if our inventory is correct, I'm assuming it's not.  Is there a reason inventory needs to be adjusted monthly, maybe I'm not understanding?  Also, since I can't print the adjustment entries (too much to fill a page) is there a report that I can print that will show me what has been adjusted so I can compare and try to figure out how to fix?

what should I do to record selling asset properly to achieve the correct balance in all accounts?

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Is it possible to adjust the undeposited funds account?

We have just completed a migration from QuickBooks Enterprise to QuickBooks Online. I am hoping to find a way to format my QuickBooks Online reports to match my QuickBooks Enterprise reports, showing the remaining balance of an account as a separate "other" line that is then rolled into the total. For exampleIn QuickBooks Enterprise, the report is represented as:101-000 Petty Cash   101-001 - Petty Cash Events1000.00 101-000 - Petty Cash Other1500.00TOTAL 101-000 Petty Cash 2500.00 In QuickBooks Online, the same report is represented as:101-000 Petty Cash 1500.00 101-001 Petty Cash Events1000.00TOTAL 101-000 Petty Cash 2500.00 I had initially thought that the "Petty Cash Other" account was listed as a sub-account in QuickBooks Enterprise, but I can confirm that the GL list does not have that sub-account. It just seems to be how the data is represented.Essentially, I am looking to format my QBO report exactly as my QBE report - represent

To add: these were e-transfers, if that makes a difference. Any e-transfer out is showing an increase to my assets but the payments I have recieved are decreasing my assets.

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Hi there, I've been trying to import a journal entry into QBO, but I keep getting the following error: "Some journal entries couldn't be imported. The following journal entries failed with the error: 'undefined'. Can anyone please help me on how to fix this?  I've been using this functionality for more than 6 months and this is the first time I see this error.

How to add a new GL Account?

A payment was recorded in a holding account (Honeybook), but it was immediately refunded. The payment shows up in the register but not the refund. What is the best way to correct this? 

I am trying to edit a budget, and the action items are not giving that option.  

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How Can I resolve this kind of error which show on my screen when I want to run payroll?"we are unable to withdraw funds from your accounts for a recent action"

When I uploaded a list for the new category I created it doesn't show at all, when I try to uploaded again it says the list is already in quickbooks. I clear cache and restarted the computer, reset everything waited a day and nothing.

Using Quickbooks Online in Canada. I run a furniture store. Most of our products are made to order, so customers typically provide a deposit at the time of order, and pay the balance just before delivery. We record as income after delivery has been completed. I found the article about retainers & deposits, and it was helpfulhttps://quickbooks.intuit.com/learn-support/en-us/help-article/service-items/record-retainer-deposit/L6B5RsY6l_US_en_US?uid=l83g52zjI've created a liabilities trust account called Special Order PrepaymentsAnd a Service Income called Special Order Deposits However I'm still a little uncertain how to do all my entries.First, how do I record an opening balance for a customer (we've moved over from other software).I have a list from my POS system with the customer names, the special order value, the deposit received to date, and the amount still owing.E.g. Customer 1Special Order value $2697.36Deposit received in old software $899.12Balance owing $179

AR aging report amount is not matching with balancesheet amount.

Hello,  We have our chart of accounts in order and numbered beautifully with these (2) QB company files of ours but for some reason when we merge reports between the two it is taking some of the expense accounts out of order?  Why is this and how to fix

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I have recently transitioned to QBO from QBDT.  In QBDT I could run a report to show all of the Journal Entries entered today regardless of the transaction date. This is required as I have to enter multiple Journal Entries as provided by the theatre management software in order to update the Revenue side of the theater in QBO.  QBO is used mainly to record and pay our bills and to provide end of year reporting to our auditor. Most of my J/E batches do not run from midnight to midnight, and so it is not uncommon for me to have entries for a given calendar date split over to J/E batches. In QBDT I had a Journal Entry Log Report that showed all transaction entered on today's date.  In QBO, I can only find a field to look at the transaction date, which skews the report by including transactions from my previous J/E batch.

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help

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