Reports and Accounting

Hi there, Looking for some assistance. We run a contruction firm, and receive PDF Invoices from our customers regularly. We can upload these into QuickBooks, however often the software does not pick out the correct information. Are we doing something wrong? Looking to cut down on manually having to input all the lines if possible. ThanksCalforth Construction

I want to set up a budget from Jan 2024-- Dec 2024 but QB only seems to show the financial year which is June 23- May 24

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Can I change the layout of a customer statement as the balance column is incorrectly justified (left instead of right for numbers)

We have used QBO for some time without an issue. We tried to reconcile our bank account but when we press start reconciling nothing happens. We have never been linked to our bank. 

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We urgently need an option for a running balance column in our suppliers.Currently we have to export to Excel and create a running balance column (see below).We deal in multicurrency, home currency is £, We have over 300 supplies on many countries and exporting to excel each time is stupid! If a supplier calls us from USA and asks us, What was the balance on 30/Nov/2023, or 31/Oct/2023 in US$, we are unable to immediately reply to them. We have to export to excel, create a running balance column and only then can we answer their question.I believe on the Customer side you (Intuit) is having the same problem...and the solution offered was on the lines of you can see it on the statements!!!!  Excuse me Intuit, we need to this this information live on the ledger!     Supplier Name  TypeNo.ClassMemoBalanceTotalStatusrunning balance15/12/2023BillFPL 00003 23  0.009,625.60paid-500.2808/12/2023BillFV EX 00041 23  0.005,429.76pai

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For example I cant generate P&L view by month or P&L by customer report. Have a filter option for classes and location within budgets in the spreadsheet sync function. Thanks

We have two Intuit accounts, one for payroll, can we amalgamate these accounts?

this is on QBO UK.

How can I submit annual tax returns and Financial Statements to HRMC via QuickBooks via digital/ online

I do basic data entry for a small company that made a profit for the first time in 2023. It is an LLC, Partnership. The owner made a cash withdrawal & then divided the withdrawal between himself and the other 2 members as disbursements, according to their percentage of investment. He then took his amount ($2000) and wants to reinvest in the company, connected to a loan that he has already made, but is an account not connected to the checking account. How do I record the withdrawals? And then record the investment so that it isn't showing the $2000 on the Balance Sheet as disbursement? I attempted a GJ entry crediting his loan account and debiting the Disbursement account for him, but that just increased the disbursement amount on the BS. Currently I have Equity accounts set up for him and each member, one Disbursement account each, and one Contribution account each. Would I credit the loan account and debit the contribution account? Please help! Thanks in advance!

Hi, does anyone know if there is a way to schedule the management reports to send quarterly to save having to go in and send every time?Thanks!

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Parent company is using Quickbooks US and subsidiary is using Quickbooks UK, can reporting be combined for the parent company?

We have had 2 customers make CIS deductions on us this FY.  None of these payments have come through to our EPS returns.   I can confirm the following:Both customers have been set up for CIS.Both deductions show on the CIS deductions report when generated. However, neither deductions are showing in the history of EPS reports submitted.  For context we are claiming back maternity pay and that is showing each month and I know that EPS reports are being submitted as the information is shown on our account with HMRC. I have searched various articles but our Payroll and Quickbooks Online does not look like the examples given. Why isn't our EPS report picking up the CIS deductions we have suffered? 

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Hi, I have just joined Quickbooks.I am self employed as a yoga instructor but also receive income from a rental property. Do they need to be recorded separately in the transactions or are they all just business income. How do you then advise HMRC that some of it is property income related? Thank you.

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Hi, very new to this just been learning online / YouTube etc. only sell a small amount right now so trying to do myself. currently I’m manually adding fees and deducting fees to account for revenue on eBay managed payments.for example sale of £120. EBay fees £20So I get sent £100 by eBay in to my bank account (I add £20 and deduct £20) so my revenue is £120 my question is if I have to cancel / refund a sale, does that initial £120 revenue get cancelled and if so how to do it? EBay will either deduct from next payment or charge my bank but what do I do with the initial £120? thanks Han 

When running my profit and loss report for the last financial year lots of my costs pull through as zero in the cost of sales report, whilst some have a cost.  None of the products have an initial set up cost and none have a start value. These are all zero. Obviously there should be an amount next to each line. My question is where is quickbooks pulling the numbers from? As time progresses and I run later reports there are more numbers and fewer zero's Quick books help keeps telling me it is to do with the product set up, but the products are all the same, so this doesn't explain the issue.  My product costs actually vary according to exchange rates so I can't have a flat rate product cost. Is this possible?  Thanks! ThanksJo  

For example P&L report is inaccurately showing May income as 6k but when I check the transactions, they accurately record income at 2k.

I am not sure it is possible. Just to have a clearer view. Thanks.

Every amount of this uncategorised income looks to already been reconciled to its invoice. Should I make an adjustment with a Journal to Sales, to clear it out?Thanks in advance.