Reports & Accounting

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Each month we record CR USD sales and DR the USD bank Now QBO automatically will calcuate the exchange , so for exampleThe sales will show as 294.88 USD and it converts to 420.60 CDNSo now that's fine.On the balance sheet of course we need to show in CDN and again, QBO converts the USD bank to CDN amounts!  Again thats fine. Here's my question, are we suppose to then go to the gear and then currencies and revalue the USD accounts for that particular month?  If so why?  When it converts it creates realized gain or loss but I'm trying to understand in my head if we need to revalue or not  since QBO is converting it already? 

Would like to add our logo to appear on statements. For the message that it sent to customers, would like to add our "catch phrase", but I don't want to have to type it each time.

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how do i print a payroll report showing the totals for each employee , for the 12 month period october 1, 2020 to september 30, 2021 ?

Hello, I am in a partnership and we pay ourselves a monthly salary. These transactions are imported automatically since I linked our bank account. How do I categorize these transactions as self-payments rather than expenses? I want to ensure that these self-payments are not categorized as expenses that count against our earnings when it comes to determining taxes. I'm currently using QuickBooks Essentials in Canada. 

Is there such a thing as QuickBooks accounts receivable template? if so, please advise where I find it.

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customize the profit and loss statement

Account settings only allow for First month of Fiscal Year, not day specific

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We have breeding stock(inventory), baby chicks we sell, older females we sell, older males we sell for meat, etc. Each of these birds require feed and we would like to know how much feed we have given them before we sell, to make sure we aren’t losing money. How would we set up our accounts to accommodate this.

We currently use for our main business, but we also have an Ontario Ltd Company that has 12 transactions a year, if I could set up and run this as a separate business report that would save on accounting fees.

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I am trying to set up a daily sales receipt for end of day recording from the tills of a pharmacy where there are both taxable and non taxable items.  I set it up according to the tutorial but when the amounts were entered, it asked for the sales tax percentage to be entered for proper calculation. There are many transactions over the day's sales so it seems the tutorial was not appropriate for our situation.  Any suggestions?

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I'm doing the bookkeeping for a new home builder. I created a Journal Entry for the Trust Ledger that was sent to us by the lawyers. This included the sale price, the lawyer fees, and payouts for commissions and land fees. I entered the project name in the "Name" column while doing the entry and I can see it on the Transaction list in the project but it doesn't seem to be reflected in the Project Costs.

Specifically, the credit card statement appears as " -$706.64" How is this recorded so I can reconcile the credit card account?

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Hello,I have the accountant version and when I am in my client the sales in mine are different from my clients sales? He logs in to his and sees for ex $178k in sales. Then I log into mine the accountant version and his sales show $328? I am very confused. We do not have a bank feed set up. He marks his invoices paid. He does not then do a deposit nor do I.  How do I know which one is accurate and why are they different? The expenses are also different between my accountant version and him logging on to his. any words of wisdom?thanks 

I generate a monthly report for my Rotary club. At the bottom of the report it lists Total Expense, then Net ordinary Income and finally Net Income. I want to eliminate the Net Ordinary Income line and replace the Net Income line with Net Income/LossI can do this after creating a PDF, but I want the report to show this change prior to creating the pdf

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