Example: My total deposit amount is $1,300, $1,200 for payment for the outstanding invoice and $100 for Insurance refund. From the Banking Review tab, find the Deposit transaction you want to match with customer payment plus insurance refund. Click the Deposit transaction row in question. Click the “Find match” radio button. Match transactions screen will… Continue reading How do I match a batch deposit for payment of an invoice and vendor refund deposit?
If you have a receipt, you can email it to QuickBooks. They will extract info from it and create a transaction for you to review. You will see them in the Banking > Receipts tab. Then you can edit the receipt, add it to an account, or match it to an existing transaction. You’ll also… Continue reading Learn how to email your expense receipts to QuickBooks Online
It’s easy to edit when this occasionally happens. Just click the transaction row in the Banking For Review. Switch radio button from ‘Record Transfer’ to ‘Add’ and record expense.
From the Banking “For Review” tab, click the checkboxes to the left of the date for the transactions you want to exclude. Once you’re done, click the Batch Actions drop-down arrow and select Exclude Selected. The transactions moved to the “Excluded” tab from the “For Review” tab. To delete permanently: From the “Excluded” tab >… Continue reading Quickbooks Online – how do I delete items from Banking For Review
To view or print the previous bank reconciliation report: 1. From the left Dashboard, select Reports. 2. Go to “For my accountant” section and select Reconciliation Reports. 3. Select Account. Select Report period. 4. Select “Statement Ending Date”. 5. Click “View Report” under Action column. 6. Click Print icon to print the report. How to… Continue reading How do I view or print previous bank reconciliation reports in QuickBooks Online QBO
How to add purchased inventory items from Banking tab? I like to enter SKUs, Qtys of each item in one entry. Assuming you have QuickBooks Plus Plan, you will first need to ensure that in company settings you turn on the Items table and Purchase orders. (Gear icon at the top > Your Company >… Continue reading How To Add Purchased Inventory Items From Banking “For Review” Tab
You can now connect an existing bank account from your Chart of Accounts. Select Accounting from the left dashboard, then Chart of Accounts. Find the account you need to connect and in the Action column, select the View register (or Account history) drop-down and choose “Connect bank”. Follow the prompt and complete the process for… Continue reading QuickBooks Online – Connect bank accounts through your Chart of Accounts COA
I hear issues with bank connect all the time. Each bank is different. It may even take time to resolve these issues. But in the mean time, I like to offer few suggestions: 1) To manually UPDATE your bank account: a) Select Banking from the left dashboard menu. b) Select Update in the upper right.… Continue reading QuickBooks Online – Connect a bank account problems
How to handle refund on a debit card from a vendor? It’s downloaded as a bank deposit in bank feed. How can I assign that credit to the project? It involves few steps process to handle vendor refund on a debit card to the project in QBO. 1) Create Vendor Credit (Plus sign at the… Continue reading How to handle refund on a debit card from a vendor to the project