Reports and Accounting

HiI need some advice regarding quickbooks advanced Payroll. We have started running payroll ourselves this year through quickbooks payroll and not using a payroll provider. After running and submitting the payruns, quickbooks automatically records journal entries of the payroll. Prveiously we would match the payments sent out to wages expense but when we do this now it creates a double entry in the wages expense as it has already been recorded in the journals. Quickbooks help have told us that we should exclude all the payments sent out through payroll including HMRC payments as these have already been recorded? Although this has solved the issue of not adding to expense accounts twice, I am unsure if this is the correct accounting process confirming these payments as it seems strange that these payments are not confirmed in another way? 

Then you have to select the report again and re-enter the report criteria. In past you were able to get back from the transaction to the original report

Should the profit figures match? If not, which one do you use to ensure compliance?

When I was reviewing my 2023 reports I accidentally found out that one bank transaction is missing from QB. I know how to fix it, but now I lost faith in QuickBooks and second guessing every report. What is the best way to double/triple check that QB has all the transactions from my bank accounts? I have 10+ bank accounts "synced" with QB.  

August was showing £0 on the statement itself though still listed the transactions (invoices) o it. then same again for sept and Oct 23

Filing date should be a valid date and lie between end date and today’s date (code: “INDIRECTTAX-19702”

This is the first year doing it through QuickBooks online. We are illusionists so we buy props. They normally go through I understand it as capital allowances/fixed assets, as they are large purchases which are used for years to generate income. At the moment they aren't being included in my tax reportWhat have I done wrong? Thankyou  in advance

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I am trying to run a report on an "Other Current Liabilities" account. When I go to run the report, it does not show a cleared status - That area is just blank even though the transactions have cleared the bank. I would expect that the report would show these transactions as cleared since they have cleared, but in order to see that information I have to open each individual transaction.  This happens if I try to run the report from the Chart of Accounts, or if I try to pull through in actual reports.  Is there a report that will display this cleared status without having to run the report on the actual bank account? 

I am trying to understand how to record and make dividend payments. I am a director only business and I work part time for another company, I would like to occasionally pay myself a dividend from my company but for the life of me cannot seem to find an answer on how to do this with quickbooks. I am trying to find how to document it on here as well as how to make the payments etc.

Hello All,New to QB, and would like advice on the step by step process to paying myself a dividend payment from the profits of the business - monthly or annually - and how to keep an accurate account of this dividend payment in QBThanks 

I recently went self-employed and signed up to QB.  I now have an accounting firm to support me and would like to add two accountant email addresses to enable them to support me with my accounts.  I have added one accountant but cannot see an option to add more than one?  is there a limit to only one accountant access on QB self-employed?

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Hi, Can anyone tell me how I can find out the date an invoice was marked as paid in Quickbooks Self Employed? Can't see it anywhere. Hoping I'm just not looking hard enough and it is actually possible to find out. Thanks! 

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Where is the most likely place for me to find my desktop files which were downloaded last year.

I have been posting our Postponed VAT as a journal, debiting the HMRC VAT suspense account with the PVA import 0% purchase on one side and crediting HMRC suspense with an equal amount with a Z (sales) vat code. This correctly places the vat in boxes 1 and 4 on our VAT return. We have noticed however that for some reason it also adds the credit to our sales figures, which is obviously wrong. We have been doing this for some time to get the correct figures in boxes 1 and 4 of the VAT return.

How do I print the budget and performance vs budget?

I am running for the same period - 1 year and cannot work out why this is happening?

A transaction was deleted since December and I can not seem to reconciled by statement however i would like to know if i can retrieve the transaction.

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The "advice" given in the software search states "choose your report". How totally unacceptable. Desktop had this facility for over 20 years yet QBO Advance has nothing helpful. This is 2023 and Advance is for well established businesses needing specific detail. When will this report or detail on the customer be available?