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Eunos
Level 2

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

Intuit changed the way they handle Sales Tax in QBO vs. QBD. As a result, when I migrated, all transactions that included Sales Tax paid by my customers had the tax amount stripped out.  Since those payments were grouped with Undeposited Funds, this created a negative balance in Undeposited Funds with a corresponding balance in Sales Tax liability.  Unfortunately, Intuit hasn't figured out a way to fix this.

Assumptions:
1) Intuit summarily dropped the sales tax from the payments during migration.
2) Any entry in Undeposited Funds demands a deposit. This is true whether the entry is a result of a payment received or a Journal Entry. Quickbooks *always* wants it to be deposited somewhere.
3) Any entry in Undeposited Funds that does get deposited will reduce the balance in UDF by the amount of the deposit, regardless of whether it was a sale or a JE.

Intuit can't figure out how to fix this. All they keep telling me are things that end up in violation of one or more of the rules above. Either they say to go back to the original transaction, but that won't work because it will change the balance in UDF and insist on being deposited. Or they tell me to use a JE, but it also insists on being deposited. Then they say to deposit it in a fake account, but that doesn't help because it then reduces the UDF balance resulting in no net change to UDF.

Meanwhile, my UDF balance is off, and there's no way to fix it. 

And for this, I'm paying a monthly subscription fee that is ridiculous compared to what I used to pay for a non-subscription QBD.
9 Comments 9
JessT
Moderator

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

Hi there, Eunos.

 

Some transactions in QuickBooks Desktop are presented differently in QuickBooks Online due to the difference between the two platforms.

 

I understand that you've already contacted our Support team about this. However, I'm going to let you contact them again to check your transactions further using more tools. We have limited access from here, and it's better if we have a visibility on your records before suggesting to edit your transactions.

 

If you have other concerns, feel free to go back to this thread.

Eunos
Level 2

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

Are you suggesting I contact them again or are you saying someone will get back to me on the open ticket?  Because if i contact them again, I would need to know how to escalate it to someone who fully understands the problem and has access to those tools.

Eunos
Level 2

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

Can anyone tell me how to get this escalated to someone in Intuit that understands that sometimes, a problem is caused by Intuit and not by a mistake made by the user? Every time I get someone in Support, they assume that something I did needs to be corrected. But that is absolutely incorrect. I can prove it, but only if I can get someone who is capable of listening rather than someone who goes into the knowledge base and sends me an article to read.

CRCPA
Level 2

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

Did you ever get this resolved?

frustrated273
Level 1

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

Has anyone found a fix or work around for this?  Intuit is worthless.  

jenop2
QuickBooks Team

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

QuickBooks Desktop and QuickBooks are separate platforms so there are a couple of export limitations and differences between them. We know that having accurate financial records is important to your business, and we want to assure you that we're here to support a smooth transition.

 

Let me also point you in the right direction to get you going after moving to QBO.

 

One notable difference between the two platforms is how sales tax is managed. Users of QuickBooks Desktop can manually track sales taxes, whereas QBO offers an Automated Sales Tax feature.

 

As a result, sales tax will not be transferred for all transactions, while some will be migrated as journal entries. As a workaround, you can remove the migrated sales tax payments and then recreate them in the sales tax center of QuickBooks Online.

 

Here's an article for a step-by-step guide: File your sales tax return and record sales tax payments in QuickBooks Online.

 

You can also check out this article to see a comprehensive list of feature differences and types of data that are affected when switching platforms:

Learn how features and data move from QuickBooks Desktop to QuickBooks Online.

 

Regarding the balance in the Undeposited Funds account, I suggest contacting our phone or chat support teams. They can examine your account in detail and determine the necessary adjustments to ensure everything is accurate after migration.

 

Here's how to reach out to them:

 

  1. Click the Help menu in the upper-right-hand corner of QBO.
  2. Proceed to the Assistant tab.
  3. Type in "contact support" in the chat box and press Enter.
  4. Select Contact a human, then click Live Chat or Call me back.
  5. Type in a short description of your concern and click Continue.
  6. Choose between Callback or Chat.

 

Allow me to share these articles for additional resources to help you get going:

 

 

The Community is here to help if you have any further questions. The entire QuickBooks Team is dedicated to delivering prompt and comprehensive support, ensuring you feel confident and supported every step of your QuickBooks Online journey.

frustrated273
Level 1

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

This reply from Intuit is the worst non-answer I have ever received.  I have called intuit support since my upgrade and have yet to reach someone who can correct this issue.  I keep getting transferred back and forth between departments.  Please have someone contact me who knows how to resolve this.  It would be appreciated.  

frustrated273
Level 1

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

This is the worst non-answer I have ever received from Intuit.  I have been calling support since the upgrade and no one from Intuit seems to want to try to fix the issue.  The answer I get every time is "Oh,  I can't help you" and I am transferred to anther department like a game of "hot potato".  Please, please, please have someone contact me that can fix my issue.  Thank you

Eunos
Level 2

How do I fix the Intuit screw-up with my Undeposited Funds created when migrating from Desktop to Online?

Me too. I gave up and went back to Desktop. And then they started cranking up the Desktop cost so high, I’m now looking at migrating away from QB entirely. Support is useless.

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