Quickbooks Questions
Quickbooks Questions?
I have a QBB file from a client and when I go to restore it gives me a message asking me to insert disk 1 into the drive that I am attempting to restore the backup from. My backup is on a jumpdrive and so that message doesn't apply but I can't restore. I've tried to put it on other media but it still gives me the same message. Does anybody have any ideas before I pay $50 to ask quickbooks one question? THANKS!!!...
spencirye:It sounds like your client sent you the accountant's copy and sometimes it doesn't open depending on the version of QuickBooks. Try to have the client either use the Adobe online service to send the file to you or email it directly from Outlook Express as an attachment. It will definately work tha... More...
Quickbooks Question: Do I need the newest version?
I just started a LLC with a friend and would like to get an older copy (2006 or 2007) of QuickBooks (because it's cheaper) to keep track of our financials. My question is: Would a copy of 2006 or 2007 QuickBooks be efficient for our use or would we need to get the newest version?
Other info: We do not have nor plan to have any employees. We formed the LLC to start a company selling merchandise on eBay....
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Quickbooks Premier for Manufacturing Questions for QB users?
I'm changing computer systems & will be using QB for 2007. My questions is, I'm putting in the customers that have open invoices from 2006, is it better to enter the customers w/an opening balance or put the prior invoices in as their opening balance. If I put the invoices in w/parts that are inventoried, do I need to increase my inventory levels so these invoices can pull from it & not mess up my counts? Also, I have invoices for customers that are finance charge invoices, how would one go ab...
justwondering:I would enter the invoices, but not pulling form inventory. Make a non inventory part item - change the description so you know what it is. Now you have an actual invoice with the original date that will not effect the current year income - which you can look to if a customer needs information. Tak... More...
Quickbooks Question Adding Signature to Invoices?
I haven't been able to figure out how to add my signature to my invoices with Quickbooks. I need help please. Could someone please tell me how to add my signature to my invoices in Quickbooks? Or is this even an option?...
bailey:I don't think that's even an option.... I've been using Quickbooks for 2 years & I've never come across that feature. I'm still trying to figure out how to delete imported figures from the "make deposits" box!!! any suggestions??? :)
Have you tried calling Intuit and asking them?... More...
QUICKBOOKS QUESTION: How do I delete an invoice from Quickbooks!?
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Wayne Z:[Ctrl][Delete] I believe.
You can only do it from certain views. It is also under "Edit" in the menu bar.... More...
two Quickbooks 2009 questions?
I am starting up my own consulting business. I'm not an idiot, but am having trouble with a couple of Quickbooks issues. I know very little about accounting, but I do have a degree in electrical engineering so I really am not an imbecile.
First, to keep track of business expenses for tax purposes related to my new consulting business, I am trying to input all the expenses I have already paid (laptop, software, paper, printer, postage, legal paperwork, etc.) to have Quickbooks keep t...
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Quickbooks 2003 bill entry questions?
I go to the local hardware store to pick up supplies for repairs via an account i have with them. I get a reciept on that days purchase but dont pay the bill till the end of the month. I need to know how to enter all the receipts in quickbooks and then pay them in 1 shot at the end of the month. Any guidance would be appreciated....
Tink:Ii have quickbooks 2006 and all I do is enter the bills under each vendor and then when I go to pay them I select pay bills and it will let me check mark each one I want to pay to pay them all at once. Im not sure if yours is set up them same. My hardware store sends me a bill at the end of every ... More...
Does anyone have questions about Quickbooks?
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torrie:Not right now, are you well versed in using the software? I am sure at some time or the other someone will need your assistance.... More...
Quickbooks question about sharing with two computers on a sever?
I have quickbooks 2007 Premier . We want my wife who is payroll and myself to be able to enter transactions into the same file from 2 computers on a server . I have already installed it on both our computers . Now do we do the server install option on the server ??? or what ??? and how do we make sure we are both entering transactions into the same file ???...
profit0004:One will need to be installed with the server option and one will need to be installed with the client option. Share the quickbook data file using the network, and make sure only one of you actually use the same part of the file at a time.it does fairly well at not corrupting things but make daily... More...
I am in need of someone who can help me out with Quickbooks. Just a few questions I have. That's all.?
I own a small construction business and I need help with payroll and stuff of that nature....
humminax3:I would be happy to help!! I am QuickBooks ProAdvisor with 15 years bookkeeping experience and I do most work via the internet!
I do everything from setup to daily/weekly updating and I can handle all your payroll too!
My website has all my contact info!
www.ihaveqbissu... More...
Quickbooks Accounting Questions?
First we are a company that does contract work for customers. We do contracts with our customers; we invoice the customer for the approval purchase contract order amount once the job is complete. Every contract is the base amount that includes supplies and materials and labor in the cost. I am instructed to set up an asset and A/P liablity account for each customer. Understanding that this is correct, am I to set up customer under "other asset" amd the A/P customer account under "other liabi...
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questions about quickbooks pro?
Just recently I started working with Quickbooks pro. What I really need to know is ,if you have a client on a payment plan, would there be a way to have an invoice that will list the remaining balance on the account so they know where they are in their payments, and when I pull up the same client the next month will plug in what is due for the next invoice? Also I was unable to talk to the person that was doing this job previously. Is there anyway to find invoices that may be put under the wro...
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I have a question about starting up Quickbooks?
I'm starting my client up on Quickbooks with his previous year's tax return, do I need to enter the ending balances in every one of the expense accts., such as, auto expense, advertising, etc., or can I just enter the balances for the assets, liabilities, and equity?...
Courtney:no need to add ending balances in expense accounts. You only need ending balances (that in this case are begining balances) in as you said assets, liabilities, and equity.
These accounts have running balances that flow through to the next year, and are therefore necessary to move forwa... More...
I've got a VERY hard question about the accounting software quickbooks 07. If you have an answer, your a genus
At the beginning of this year we began inputting credit card charges into thru the vendor “enter bill & expenses” section of QuickBooks, however we never used the pay bill section. We simply used the data for expense tracking purposes, the same went for inputting customer invoice; we never deposited the undeposited funds. Recently we did one large fund deposit and one large bill pay but the accounts were off by 20K positive, so we temporally placing that extra income as owners draw. Now we recon...
Shay:Let me try to help you with this...
As I understand this, you now want to move $8000.00 from the 'Owners Draw' to the expense accounts that were on the credit card statement right?
You can make a journal entry to correct this.
Go to 'Company' on the menu bar, then o... More...
Quick question regarding quickbooks ? Can you help us out ?
Hey Guys
I am beginning to set up a QuickBooks file for our non-profit company. However all of the past expenses for 07 and 06. were written out of my personal checking, 2006’s expenses totaled only under 1000 ( such as legal fees, mailing, ect ). Should I only start with the current year? Also how would I record the expenses if there was no activity in the business checking account or owner’s capital contributions ?...
sosezshe:May I suggest 2 things? Non profits have VERY strict guidelines and each state has it's own set. You can find some helpful information by clicking on the help tab on your QB tool bar & entering Non Profit. You will see a link About(nonprofit) this should answer the QB side of your question.
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Quickbooks question - Anyone have the problem w/ the file '69192'?
I get the recurring virus scan of the update file '69192' until I delete it and then it comes back a half hour later. Uggh. Very annoying. Anyone have experience with this and what did you do?
Thank you for helping to save my teetering sanity....
qb_guru_steve:I found a forum posting where one person resolved this by downloading and installing the latest QuickBooks program update. You can download QuickBooks updates manually here...
http://support.quickbooks.intuit.com/support/... More...
Is anyone good with Quickbooks, I have a couple of questions.?
playboy, I would love to e-mail you, but it says your e-mail has not been confirmed....
diamondprincezz456:im great with quickbooks, email me... More...
what kind of interview questions should i ask for an accounts payable clerk that has experience in quickbooks?
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jabberjen1978:1. Tell me about an average working day. In detail, describe your responsibilities and how you post invoices to Quickbooks.
2. How would you handle this type of situation: unusual bills are received, and though a purchase order is referenced, the money due exceeds the amount authorized?
3.... More...
I have a question about Quickbooks - lastest version?
I have to go back 6 months and change a check amount. How do I go back and do that without messing up the reconciliations since then?...
OldTimey:I don't think you can. I think you'll have to undo all your reconciliations from then until your last statement. If there is a way, I would love to know how. I just went through the same thing.... More...
How do I use Quickbooks to track clients who miss their monthly payments?
I'm new to Quickbooks. I don't even know which key words to use to search for answers to my questions about the program. If you can point me to the appropriate sites, that would be great. Here's my problem.
I work for a law firm. A typical retainer agreement has the following figures:
$10,000 total balance
$1,000 down payment due today
$250 per month for the next 36 months.
Other info:
Send a reminder letter (ranging from mild...
Shay:In all honesty, I don't believe QuickBooks can help you with that. BUT, I did find a QuickBooks add-on that can help - one of the features it offers is RETAINER TRACKING. Make sure you check out the website:
BillQuick – Time and Billing Done Right
BQE Software
www.bqe.com
P... More...
Quickbooks question-- New in law office and have a problem with the trust account.?
I am a new user of Quickbooks. Using QB Premiere I created invoices for several trust clients. Wrote the trust transfer check and then found an error on an invoice. How to I account in the program for taking the money out of the general fund account and putting it back into the trust account for the client? Any help would be greatly appreciated....
PersonalFreedom:Either edit the original invoice, or go to the General Journal to correct the accounts.... More...
Quickbooks pro 2007 (13 )---------questions?
1) How do you add a new user to Ouickbooks?
2)What does the Navigation Bar provides access to?
3) Where do you access the charts of accounts?
4) What is Listed on the Chart Of Accounts?
5)How do you print the Chart of Accounts?
6) How do you change the compant name?
7)What are liabilities?
a.What do they include?
8What are assets?
a.What do they include?
9)What is Equity?
10)What a...
mainecpa:Your questions indicate you are trying to answer test questions. If you do not learn this material yourself, you will fail in any future work you do with QB.
The purpose of taking a class is to learn the material, not to get a grade. Also, grades should be EARNED, not just received.
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QuickBooks question to payback expenses?
Have used personal credit cards this year to purchase supplies for the company. How can I "pay" myself back through quickbooks. It is a S corp with only one owner.
Would using member or owner draw be appropriate?
Thanks for any advice you might have....
Cate:I set up an account, Loan from Shareholder. When you acquire bills for the business, make a photo copy of your receipt and highlight the item for your business. Add the tax in and handwrite the total at the bottom if neccessary. Then make a general journal entry to record the transaction. Example: ... More...
Accounting Question, our business is turning into an inc. so we had to start a new Quickbooks account.?
in order for me to withdrawl the money out of checking in the old quickbooks and make it a zero balance, I have to assign an expense (ie: utilities, rent, professional fees...), there is no expense as this money is just moving to the new quickbooks as opening balance equity. This is the ONLY thing I cannot figure out. Our CPA has yet to return our calls, so hopefully someone who has been in this situation before can relate. We have to make the old quickbooks accurate to what's really taking p...
just_the_facts_ma'am:It shouldn't be recorded as an expense. In the situation you describe, it's a distribution to the owner(s) - so it should be charged to the appropriate equity account.
You'll have the reverse of that in the new company... More...
Quickbooks question: If I delete an item on the items list, will it effect invoices that used it in the past?
Or will it leave those alone and simply not use it in the future? I ask because I use a 3rd party software to create invoices in (to keep some people out of the books!) and then it sends it to quickbooks. I just upgraded to QB pro, 2008, and they changed the way sales tax is figured in it to where it defaults to the state tax item rather than just have the ability to use the precalc option like my old version had. because of this, its not letting my 3rd party software send the invoices to qui...
ELfaGeek:"I just upgraded to QB pro, 2008"
Call QuickBooks Tech Support,... More...
Quickbooks- Can I buy another individual license to make it multiuser?
We run Quickbooks Pro 2005 and we need to start running it as multi-user program. We only have one license and it is loaded on a laptop and a regular desktop. I called Intuit and they rudely told me we have to upgrade to 2007 (can't do that til the end of the year.) I found the 2005 Pro single license version on Amazon and my question is would that work? Or are we forced to buy the 3 user version? We just want to add one more user. Thanks so much!...
Journal Entry:I know it works with our version of QB pro 2004.... More...
Does Quickbooks work with Mac computers?
I have a MacBook and I just started as an Administrative assistant. My boss wants me to bring my lap top to work and put quickbooks on it at her expense. They have a copy of quickbooks for their pc that they said could put on mine, but they dont know i have a mac. So my question is will that same version of Quickbooks work with my mac?...
kamala:There is a Mac version of QuickBooks. However, if you want to switch your company's existing QuickBooks PC file over to the Mac, you'll have to do some reseach. According to the QuickBooks website, if you're using QuickBooks 2009 on the PC, you can transfer your data over to the Mac 2009 version. Ac... More...
Single Owner LLC Question About Paying Out Myself Using Quickbooks?
I have a Single Owner LLC with a few independent contractors. I plan on filing my taxes as a sole proprietor and I have been keeping track of my income and expenses with Quickbooks.
During 2007, I occasionally wrote checks to myself for work I did with the business. Can I count myself as an independent contractor and associate those checks with the PAYMENT TO CONTRACTOR account like I did with my independent contractors?
Is it OK to count myself as an independent contractor of the bus...
bostonianinmo:You are not an IC of the business. The money you take out of the business goes into the Owner's Draw account. That is a "contra equity" account and any draws reduce your equity in the business.
The entire net profit of the business will show on Schedule C and is subject to tax whether y... More...
Quickbooks Question?
I just bought a new HP Computer. I had an older computer, and I bought a portable external memory drive. I am a business person, and I need my quickbooks on the new computer. However when I bring it over on the memory it doesnt reconize the quickbooks file, says it is not in the computer. Can anyone help me?...
S J:I believe you have to actually install Quickbooks from the CD to your new computer then just restore the backup file you made on your old computer. If Quickbooks isn't installed the new computer doesn't know how to read the file.... More...
Quickbooks question about 1099's?
I'm trying to set up property management in Quickbooks.
The Managers receive rents from tenants and forward them to the owners less mgmt fees and any repairs they've had to pay up front. For Example:
Rent Amount 1900.
Less Mgmt Fee -190.
Plumbing paid by prop mgrs -60.
Amount of Check: 1650.
Quickbooks would put $1650. on a 1099 to the owner but the mgmt company needs it to show the full amount of $1900. The owner then would then claim the expense...
M S 3 5:when you write the checks to the owners, you should always start with the gross amount then deduct the expenses. the 1099 should be set up and it should report the entire amount.... More...