@ChecksandbalanceYikes, you're getting bad advice from QB employees. They may be AI. You can't use a Vendor Credit because this doesn't involve accounts payable...
@DAShul"That 11/14 deposit reduced the merchant clearing account during reconciliation, even though it’s not a true transfer entry"If the 11/14 deposit reduced ...
@Lori-RA"Let's say that LLC-A's rev. share from -B was 50k for a given year but only paid out 30k leaving 20k. That 20k would not appear anywhere on -A's balanc...
@bs55Freeze your credit with TransUnion, Experian, and Equifax. It's free (federal law requires it) and prevents anyone from opening an account in your name tha...
@Lori-RA"Nothing increases that balance unless LLC-A invests more into LLC-B, or if LLC-B doesn't distribute its profits to LLC-A. In both cases, the balance wi...