This article addresses how to create a Balance Sheet Detailed report that displays both the activity within a certain time period and also the overall company balances of your assets, liabilities and equity account as of a point in time. To begin, remember a typical Balance Sheet Summary report (most likely the report you
Read MoreThis article addresses how to create a Balance Sheet that displays different points in time on one statement in QuickBooks Online. To begin, remember a typical Balance Sheet Summary report (most likely the report you are used to always seeing) is only going to display your Asset, Liability and Equity account balances as of only
Read MoreThis article addresses the basics of the a 1099-NEC creation and printing process in QuickBooks Desktop. So, to begin: Go to your vendors menu at the top>1099 Forms>Print/E-file 1099 forms. Click on “Get Started” underneath the Form 1099-NEC option. Select your vendors whom you want to process a 1099-NEC form for, then click
Read MoreThis report is simply a convenient way to view the capitalized costs (non-expensed) associated with each customer/job, separated out (and displayed) per column of information, but, of course, all on one report. This report, perhaps, would be convenient for industries such as speculative home building but can be useful for anyone that is especially interested
Read MoreThis article addresses how to create a customized Profit & Loss by Job report in QuickBooks Online. This report is simply a clear and convenient way to view the profitability of all of your customers/jobs, separated out (and displayed) per column of information, but, of course, all on one report. This report, perhaps, would be
Read MoreThis article addresses the issue of what to do when you discover one of your service items is not booking transactions correctly to your chart of accounts. Perhaps you reviewed a Profit and Loss report and discovered the following scenario: One of your Cost of Goods Sold accounts has a huge negative balance.
Read MoreHere are instructions to create a refund directly from an already-existing but unused credit memo in QuickBooks Desktop Enterprise. Menu: Go to your customer list and select the customer who has the existing credit memo on file. Find the credit memo to be refunded and open it up (double-click on it). Now, select “Use credit
Read MoreIf you need to create a basic service item to use to create a future customer invoice in QuickBooks Online, then here are the steps: Click on the gear icon (upper right), the click on Products and Services under the Lists menu. Click New Choose “Service” Fill in the appropriate fields to be able
Read MoreThis article addresses the concept of grossing up a paycheck and touches on how to do this within the QuickBooks Desktop payroll platform. Grossing up payroll means that you are going to pay an employee based on the NET wages and not on the gross wages. Typically, when you process payroll, you already have
Read MoreNote: This article assumes you do NOT have the “Automatically apply bill payments” setting turned on in your QuickBooks company settings. Let’s say you process an Unpaid Bills report and get the following results for one of your vendors: Vendor has an unpaid bill in the amount of $300. Vendor ALSO has an unapplied credit
Read More
AccuraBooks