Reports and Accounting

i am trying to generate the end of year report but when i add the comparison report and balance sheet to the management account it is only showing one year and not the comparison to the previous year

My client has Partial Exemption VAT status.  It seems ridiculous that you can print a Sales VAT Detail report by class but not  Purchases VAT Detail by Class.  They are paying extra to use classes so I would expect to be able to access reports by class!!  The VAT Detail report will not filter by class

I'm trying to balance the figures for prepaid insurance.initial entryi've credited cash asset 60 and debited prepaid insurance asset 60 - balance sheet is balancedend of first monthi credit the prepaid insurance asset 5i credit the insurance expensebut now my balance sheet is out of balance as i have nothing on the right to account for it.i've exhausted all results in google which tell me to put it back in to cash but it's not some magic insurance policy which i don't pay for so that's not logical.at the moment, i've assigned an equity account called Insurance expense and set it to negative. bit is that the correct way??

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Can I have a report showing just Total Income and Total Net Income by month, ie dont want to show any expenses lines

There is a line item under Income for Other Business Income however marking something with other business income doesn't make it appear there. Nor does it appear on the generated Tax Details excel. Has something changed or has it always been like this. What should be appearing there if there is a line item for it?

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HiMy vendor wants me to pay his invoice to a vendor which i do  not have a business relation and their vendor is overseas/ international My question is, is it leagul ? That i can pay his vendor, if yes how to record that transaction to my vendor in quickbooks. Thanks 

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I lost my computer with QuickBooks UK 2014 and 2021 on it, but not the backup & company files for the last 20 years. How to download new 2021 desktop so that I can open files in order to transfer to QuickBooks online ?

This is very critical part of customer relation to keep customer happy that these invoice are paid with the payment Date and amount.

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Our Profit & Loss account shows the subcontractor payments gross not net of the CIS we have deducted.  Has anyone else had this problem and how did they get round it? We want to show the subcontractor payment net of the tax we have paid over. CIS is a balance sheet item.  Perhaps we have something set up incorrectly? Thanks in advance. 

I can't find  way of customising the template. Desktop also allowed you to put in the customer's PO number.

HiI have previously used QB but now returning to it after a using another programme for a few years, when I come to export to Excel they all go to the same default location with a very similar file name. Is there a way to specify where to save to and/or a file name to better identify the file?

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Why am I using Quickbooks? because HMRC demanded that I use a digital service provider to report my taxes. now it seems I can't do that using quickbooks? Bizzare. What is going on here? Is the a service provider that does?

Hi there,I have not long started my first company which is online retailing on Amazon UK, and I have zero experience in business or bookkeeping. I have just checked my balance sheet (below) and I see my stock is in current assets, which I believe is correct for the time being as it'll all be sold within 12 months. However, once that inventory is sold, should it stay in the current asset account or not? This is where I am getting really confused as I barely understand what I am trying to ask.If someone can please let me know if I am doing this correctly or not, it would be greatly appreciated!Thank you.   

I've had various refunds to my business account from returned products not required or over ordered. how do i categorize these?

I did connect quickbooks with my banking but that received dividend payment looks like income. How do I properly record that because I already paid tax on it with first company

On Quick Books Self employed where does owners withdrawal show in the P & L ? Does it even show? Is it to be taken from the profit line? or is the profit showing after the Owners withdrawal equity has been removed? 

for example, a customer details report showing the info I need to fill in the staff discount journal entry template taken from my list of recurring transactions.

When i pull a daily sales summary, lets say for November 2023, some invoices have values in the foreign open balance column and i cannot figure out why these balances are here. Can anyone please explain the purpose and how to clear the balances there?

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I have also been given many options such as...Full amount, minus 20% and divide this over 3 yearsorMonthly payments, minus 20%