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About Linda Saltz, CPA, QBalance.com
(Top Expert on this page)

Expertise
QuickBooks best practices, troubleshooting, accounting, tax We have over 70 pages of website content about QuickBooks tips, running a business, tax and business startup at http://www.qbalance.com

Experience
Accountant and CPA over 20 years. Specializing in accounting software for over 12 years, Certified QuickBooks Pro Advisor, QuickBooks seminar instructor since 1997.
Producer of www.QBalance.com over 100 pages devoted to QuickBooks help and support and training for small business owners in tax and accounting issues.
   

You are here:  Experts > Shopping > Credit/Debt Management > Quicken & Other Budget/Accounting Software

Questions Answered By Expert  Linda Saltz, CPA, QBalance.com 
In Category  Quicken & Other Budget/Accounting Software

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SubjectDate Asked

Ending Inventory Periodic Method10/7/2008
  Q: When valueing ending inventory under the periodic method, is the cost of freight-in added to the ...
  A: This sounds like a homework question. Small businesses do not use this term "periodic method" or ...
Credit Card Downloads10/2/2008
  Q: I downloaded my credit card transactions into Quickbooks and it downloaded a whole month of charges ...
  A: Match the ones that are new, then close the window. Return to the banking menu, (the online banking ...
Price Level List Reports with No Prices9/24/2008
  Q: Linda. We are running QB's Enterprise Solutions 7. We use Price Level Lists and have 90 total ...
  A: Try resorting the list From the price level list window, click on Price level button in lower left ...
exporting files from Quicken 20039/24/2008
  Q: I am trying to amass information for past years for tax purposes. I need to export several files, ...
  A: Quicken 2003 is a bit older but there should be away to get a list of the transactions into an excel ...
QuickBooks enterprise 7.0 price levels9/23/2008
  Q: We filled the 100 slots but many entries are now obsolete. When attempting to delete an entry it ...
  A: Sorry for the delay but this is a tricky write up. There is not report within QuickBooks that ...
Price Level List Reports with No Prices9/18/2008
  Q: Linda. We are running QB's Enterprise Solutions 7. We use Price Level Lists and have 90 total ...
  A: I've seen this with customer lists, not all the lists showing and a rebuild did the trick. You said ...
Balancing someone else's checkbook9/17/2008
  Q: whats the best way to balance someone elses brokerage account? i dont have access to her accounts ...
  A: If you have the bank statements that will be all you need to reconcile within your accounting ...
reports by job9/16/2008
  Q: im back again! :) i would like to make a report showing all of the checks ive wrote, by job? which ...
  A: This is not so easy but it can be done. The Job name is stored on the bills not the bill payment ...
cost to complete report, over/under column9/15/2008
  Q: ok more questions..i am using the cost to complete report, in the over/under column if you do not ...
  A: We will need to create this from scratch and then memorize it Reports > Co Financial > Balance ...
Home Remodeling with Quicken or Quickbooks9/4/2008
  Q: Hey, I'm a MAC user and in addition to regular income as a doctor, run a business with a buddy ...
  A: QuickBooks would give you the reports you need Set up class tracking and every piece of property ...
Quicken 2008 - robust categories9/2/2008
  Q: I am the new treasurer for a neighborhood non-profit swimming pool, and have inherited a Quicken ...
  A: Quicken does not do a great job of reporting. But you can assign classes (department) to each ...
Quickbooks Simple Start9/2/2008
  Q: Can I upgrad simple Start (2007) to QB Pro2008? I have not been able to restore the file to the new ...
  A: Sure, you should not have a problem. Rather than using a backup, just open the original file in the ...
accounting software for churches9/1/2008
  Q: we are a small church (less than 100) members, but are in need of some accounting software. However ...
  A: QuickBooks Premier non-profit is terrific for small churches. You could use QuickBooks Pro, but the ...
Quickbooks for Mac 3.08/31/2008
  Q: Any chance you can tell me how we can upgrade our software AND our back records? We have just ...
  A: That version is fairly old so I dont remember the capabilities. If you can convert the file to ...
Deleting Inventory Items in MYOB8/29/2008
  Q: I want to delete 1200 Inventory items from MYOB but can only do them one at a time. Is there a ...
  A: I'm not familiar with MYOB, but Ive worked with alot of accounting systems and they all will only ...
Quickbooks multiple invoices8/29/2008
  Q: Is there any way to generate Quickbooks invoices to a large number of customers without having to do ...
  A: Each time you pickup a new customer you can set up a recurring invoice to automatically enter every ...
quick books-edit account8/25/2008
  Q: I entered an account as an expense rather than an income account. I also wanted it to be a sub ...
  A: This is an easy fix- read the entire note first, then follow the directions. Go to Lists > ...
Quicken Home & Bus 2008 incomplete downloads8/21/2008
  Q: I've used Quicken since the early 1990s. The most recent version, Quicken Home & Business 2008, does ...
  A: I really dont have an idea. I dont understand the term "DIV A Postings". I would think if it worked ...
qbooks8/5/2008
  Q: i installed my quickbooks ver. 2006 in my laptop and works ok. however i actually have to use the ...
  A: The license is per user, not per computer. Go ahead and install onto your office computer and ...
installed on 2 computers8/4/2008
  Q: i have quickbooks pro 2001, i have just started using it in the past 6 months. i have installed the ...
  A: If you want to share the same data file that your husband uses then you need to navigate through ...
Re-Print prior month/year bank reconciliation7/30/2008
  Q: I use Quicken 2007 Basic. How do I re-print prior month or year bank reconciliation report? Can ...
  A: You can only print the last bank reconciliation you completed for each account. You can do so from ...
reconcilliation7/25/2008
  Q: When I try to reconcile quick books gives me the incorrect last reconciliation. Last reconcilliation ...
  A: You did not mention which version of QB you are using but I believe this has been available for 4 or ...
Recurrent billing7/20/2008
  Q: My employer has asked me, as office manager, to investigate recurrent billing programs. I currently ...
  A: You should take a look at QuickBooks. QuickBooks has a feature that will allow you to memorize an ...
Quicken deluxe 20017/20/2008
  Q: My past budget reporting has worked fine. This year I moved the app. from my old pc onto a new I-mac ...
  A: Dave, I dont know the answer to this. Under parallels, Can you still run a budget report and get ...
Sales order & invoice amount different7/7/2008
  Q: Sir I am using Microsoft Accounting 2008, My question is, firstly i make a sales order, for example ...
  A: I'm listed as a QuickBooks expert here at All Experts. I do not have Microsoft accounting installed, ...
International & Local vendor, Inventory7/4/2008
  Q: I am using Microsoft office accounting 2008, My busniess is office partition, for this i import ...
  A: You do need to post this question to a Microsoft office accounting expert. I do not have experience ...
Financial Planning Software6/30/2008
  Q: Are you aware of any freeware packages suitable for financial planning. I am not really interested ...
  A: No, I dont know of freeware, but I do know of links to financial calculators: ...
Sales Tax Liability Report6/26/2008
  Q: In my sales tax liability report, my taxable sales times my tax rate does not equal my liability. ...
  A: Please click on the edit menu > preferences > sales tax preferences At the bottom of company ...
Customer list6/17/2008
  Q: I have QuickBooks Basic 2005 and I have a question about my customers list.I have all my customers ...
  A: In the customer list, in the title bar, click once on the words "balance total" this will sort by ...
Inv Assembly and Average Cost6/12/2008
  Q: We use QB 2007 Premier Manu & Wholesale Edition. When I enter an Inventory Assembly, I also enter a ...
  A: No, the solution is to get your average cost per item corrected To correct this for future builds ...
Never ending credit6/11/2008
  Q: I have a credit my SUTA tax that I am slowly working off. How do I show I have "paid" the tax when I ...
  A: There are several ways to correct this. This one is fairly easy: Go to the employees menu, ...
Check Register6/10/2008
  Q: I am trying to get a handle on my accounting as I have not been posting deposits or payments outside ...
  A: It sounds like you are using an item on the invoice that is pointing to the check register. We need ...
State Tax Report6/6/2008
  Q: Is there a way to produce a report for the State Taxation agency of all sales made within a specific ...
  A: It could be that your version does not include this option. Try creating the report another way ...
State Tax Report6/5/2008
  Q: Is there a way to produce a report for the State Taxation agency of all sales made within a specific ...
  A: Go to reports > sales reports > sales by customer detail Now you need to modify ( version 2001 had ...
Quicken basic5/31/2008
  Q: This is really basic. I just bought quicken and need to get 3 years of my checkbook organized. Can ...
  A: You sure can. Go ahead and enter what you can now and you can go back and enter more information as ...
Line of Credit5/21/2008
  Q: I read your response awhile back regarding the posting of Lines of Credit as a liability in QB. Do ...
  A: You have to trace where that line of credit line was deposited, or if you paid expenses directly ...
Upgrade to Quicken 20035/19/2008
  Q: Is there an upgrade to Quicken 2003 which has updated backup capabilities?
  A: Generally, any changes in functionality is considered and Upgrade and comes out once a year and is ...
Applying payments in Quicken AR.5/14/2008
  Q: It seems that Quicken HB does NOT offer the ability to select a specific previous overpayment ...
  A: I do not use Quicken home and business, I am a QuickBooks Guru and I use Quicken for my personal ...
Transfers and Categories in Quicken5/12/2008
  Q: I have all loan accounts setup in Quicken and all of my payments to these accounts setup as ...
  A: Can I assume that you want a category in the transaction to book the interest expense portion of the ...
Transfer btwn Two dates5/7/2008
  Q: i would like to know is there a way to transfer in quickbooks from one company to another company ...
  A: That can be done with a 3rd party add on, with I think is about $150 from www.q2q.us called Data ...
Which best accounting package for my purposes?5/6/2008
  Q: Have not used an accounting package before and for record keeping as a sole proprietor, extensively ...
  A: A corporation is required to report on your assets and liabilities, and equity including retained ...
Deleting Quicken Budget5/3/2008
  Q: How do I delete a budget that I have in How do I delete a budget in Quicken 2007?
  A: Sorry for the delay, I was away for a few days. First, add a new budget Planning > Budget >set-up ...
expense reports in Quickbooks Pro 20065/2/2008
  Q: Is there a way to enter employee expense reports in Quickbooks Pro 2006? I have 3 employees who ...
  A: I would recommend that you set up a "vendor name" for your employees. To avoid the problem of having ...
cost to complete report, over/under column5/1/2008
  Q: ok more questions..i am using the cost to complete report, in the over/under column if you do not ...
  A: Sorry for the delay You need to enter the estimate with the costs and the profit. Take a look at ...
cost to complete report, over/under column5/1/2008
  Q: ok more questions..i am using the cost to complete report, in the over/under column if you do not ...
  A: No. That report helps to identify problem jobs. So you should be entering a % complete if there are ...
Multiple companies in Quicken cash balances4/30/2008
  Q: I have several entities in Quicken and would like to run cash balance reports without going into ...
  A: I have not heard of any ODBC driver available for Quicken. An ODBC driver would allow you to set up ...
Quicken 20004/30/2008
  Q: Is there a reason why I can not back up my Quicken Basic 2000 to a CD? When I try I get the box ...
  A: The problem is most likely with the type of CD writer you have. Many CD writers require the use of ...
Deposit on PO4/29/2008
  Q: Our company has to pay deposits to overseas vendors on all purchase orders. How can I pay the ...
  A: Set up an account List > Chart of accounts > right click & New > type - other current asset> name = ...
Quicken AJEs4/29/2008
  Q: We have a client that we need to correct income ie dividends, interest income for the year. Is there ...
  A: There is no function as a Journal entry. You can open each of the accounts on the balance sheet ...
can you help me please4/28/2008
  Q: I am a student in cost accounting class, and i have do do a project. My project is about how to ...
  A: I generally DO NOT help on homework questions, but I think you are probably speaking or inquiring ...
A Dynamic Question!?4/26/2008
  Q: This is Prabhakaran from Thanjavur (South India). I am 23 years old. Currently I am working as a ...
  A: It would be very helpful if you were to take an accounting class or two to help you understand ...
accounting software4/26/2008
  Q: I would like to know if quickbooks pro will give me employee taxes and all pertinent information ...
  A: You did not mention what type of business you have and what services/products you sell. As far a ...
QuickBooks Pro 20074/22/2008
  Q: I have something in an old Sales receipt that I now need to change. Is there any way to go back and ...
  A: Open up the sales receipt & click on the history button In this window click on the deposit and ...
QuickBooks Pro 20074/22/2008
  Q: I have created a budget and I need to save it to a form that I can e-mail and print, but I can't ...
  A: Go to reports > Budget reports > select Budget overview Next from the file menu, select save as ...
udeposited funds account4/17/2008
  Q: When I enter a received payment the amount can either go into the checking account directly or into ...
  A: Step one is to create a receive payment Step two is to create a bank deposit Once you send the ...
Troubleshooting 2001 QuickBooks Pro4/14/2008
  Q: I went to reconcile my checking and found that the all the checks and debits are not visible only my ...
  A: Go to your bank register (lists > chart of accounts > double click on your bank account) Scroll ...
Quicken question4/13/2008
  Q: My wife has begun doing her father's book keeping. Is there a way in Quicken Basic that we can just ...
  A: I'm not clear on whether you have a quicken file for your wife's father or you started one for 2007 ...
tracking credit card catagories4/9/2008
  Q: usually I pay my credit card in full each month. Recently I had a large expense and only paid a ...
  A: Please, all questions are good questions. Have you set up your credit card account yet? Go to the ...
tracking credit card catagories4/3/2008
  Q: usually I pay my credit card in full each month. Recently I had a large expense and only paid a ...
  A: Set up a new account in your chart of accounts called AMEX or whatever card you are using. Type = ...
QuickBooks Pro 20084/1/2008
  Q: I cannot seem to figure out a way to generate a PL report that shows YTD, Annual Budget and budget ...
  A: Sorry for the delay. As of now that report is not available in QuickBooks, but there is a new ...
Sending PDF invoices via email4/1/2008
  Q: We have QB 2005 Premier Contractors Edition of QB and the send invoice by email doesn't work. Is ...
  A: Intuit, the developers of QuickBooks sunsets the services associated with an edition every few ...
home-based/s-corp accounting3/31/2008
  Q: What's best way to track on P&L non-deductible expenses-50% M&E, Non-buis% Vehicle Expenses of Total ...
  A: I don't know if there is any BEST way, but here is how I would handle it. Keep the non-ded portion ...
WIP Accounts and accurate reporting - Blance Sheet3/31/2008
  Q: I am using QuickBooks Premier Edition. We have created WIP (Work In Progress) account for one of our ...
  A: I'm not sure I am interpreting you correctly, but I see that you mentioned the following Accounts: ...
Quickbooks Pro 07. Help!3/25/2008
  Q: i am working for a contruction sheet and i would like to have a more "detailed" budget sheet. i ...
  A: Set up a separate bank account called "petty cash account" Type = Banking Set up a generic vendor ...
Creating Monthly Forecast Reports3/25/2008
  Q: I've been asked by my boss to generate monthly forecast reports for all our accounts payable, ...
  A: So true, you would think that there would be a tool dedicated to cash flow forecasting that could ...
HUD Settlements3/20/2008
  Q: I have an LLC corporation that purchases and sells real estate. How do you post the sale? Say the ...
  A: Accounting from a HUD statement is not the easiest accounting to deal with. When you sell real ...
Closed PO's Report3/17/2008
  Q: I would like to know how to get a report of all "Closed" Po's. I tried a lot of ways but could not ...
  A: I'm assuming here that you are referring to POs to your vendors that your vendors did not bill you. ...
Closed PO's Report3/13/2008
  Q: I would like to know how to get a report of all "Closed" Po's. I tried a lot of ways but could not ...
  A: Go to reports, purchases, open purchse order report Click on Modify, click filter tab > in the ...
QB Pro2008 Recording Daily Sales Recap3/12/2008
  Q: We have a separate POS system & do not use the QB POS. How do I track and record Daily Sales Recap. ...
  A: Use a daily sales receipt From your X - out report (or Z out )I cannot remember what it is called, ...
setting up new company3/11/2008
  Q: I would like to take the customer job list and invertory list from a old company and put it into my ...
  A: I no longer have QB 2000 installed on my computer so you may have to poke around to find the option: ...
Quickbooks - Applying Mortgage Payments3/10/2008
  Q: Linda, I am trying to apply mortgage payments into Quickbooks and need to split out the Principal, ...
  A: Maintaining the monthly balance in the escrow account can be a bit difficult. First, you would ...
Quicken Bank Reconcile Files3/8/2008
  Q: We recently had a problem with our hard drive and had to reinstall WinXP. We had a current backup of ...
  A: I have never attempted to transfer just 1 of the 4/5 files that make up the Quicken data file. My ...
QuickBooks Pro 2008 Budget Report Help3/7/2008
  Q: I am trying to simplify our budget report. For example, under "Library," instead of listing each ...
  A: When you run a Profit & Loss Budget vs Actual report, at the top of the report in the report button ...
Quickbooks Pro 07. Help!2/28/2008
  Q: i am working for a contruction sheet and i would like to have a more "detailed" budget sheet. i ...
  A: The report gives you the amounts that represent OVERbillings and Underbillings on each job. ...
entering invoices from spreadsheet2/26/2008
  Q: I have an entire spreadsheet of internet orders from 2007 complete with all the contact information. ...
  A: You need to purchase a 3rd party software that help you import that spreadsheet. You cannot do it ...
Deleted online file2/23/2008
  Q: A friend deleted the downloaded file before matching when she saved it to the wrong file ...
  A: Im no expert about the who what where when & why of downloaded data. I would expect that the ...
sole proprietor to S-Corp2/20/2008
  Q: when a small business owner incorporates to an S-corp from a sole prop. Does he carryover the ...
  A: I will ask that you speak to your tax advisor for confirmation and will tell you how I always ...
some questions2/17/2008
  Q: i need your help: my office is non-profit organization, so when we received more fund from donor, ...
  A: The main reason to keep 2 separate accounts is so that your accountant has an easier time posting ...
FICA & Medicare2/14/2008
  Q: I am the treasure for a church with 5 employees. Can I keep track of the payroll liabilities and if ...
  A: QuickBooks has a "payroll module" included. Although, in order for the paychecks to be calculated ...
Quickbooks Pro 07. Help!2/13/2008
  Q: i am working for a contruction sheet and i would like to have a more "detailed" budget sheet. i ...
  A: Contractors use the form "Estimate" and the report "Job Estimate Vs Actuals Detail" for controlling ...
Reimbursable costs2/9/2008
  Q: I can't seem to figure out how to charge customers for copying costs that we do in-house. We charge ...
  A: Set up a two new accounts 1. type = bank, name = Z Non cash billable transactions 2. type = Income ...
Transaction for Mutual Fund reorganization2/6/2008
  Q: About six months ago I received a notification letter from one of my mutual funds (call it fund "A", ...
  A: In my version, I open the transaction tab of the security highlight the offending transaction, right ...
Transaction for Mutual Fund reorganization2/5/2008
  Q: About six months ago I received a notification letter from one of my mutual funds (call it fund ...
  A: I agree with you. I would have added a transaction which added shares with a cost of zero and then ...
LLC accounting1/29/2008
  Q: I'm using Quickbooks and have done so for many entities but never an LLC- for the owner's ...
  A: The real issue of a loan is whether you can deduct interest on the loan. To deduct interest you ...
LLC accounting1/28/2008
  Q: I'm using Quickbooks and have done so for many entities but never an LLC- for the owner's ...
  A: Initial contributions are generally booked to Owners Equity:Capital Contributions unless there is a ...
Quicken - password protection1/25/2008
  Q: I have Quicken Deluxe 2007 software for our home/personal accounts. I would like to know if I can ...
  A: From the file menu select passwords then select file Enter a password to prevent anyone from opening ...
quicken reports1/23/2008
  Q: Trying to print the itemized category report and it will not print some of the amounts? ANSWER: Hi ...
  A: Im not sure, but here are a few things to try: When viewing the report, you may need to expand the ...
Quicken 2002 Deluxe1/22/2008
  Q: How do I delete reports I have done that are now listed under "Reports and Graphs"?
  A: Its been awhile since Ive seen Quicken 2002. But... If you go to the reports menu, the top option ...
quicken reports1/22/2008
  Q: Trying to print the itemized category report and it will not print some of the amounts?
  A: I'm not sure what you mean. What version of Quicken (year) are you working in, do you see each ...
Quickbooks 2004--lost access to Helps1/17/2008
  Q: I am treasurer of a small church and quite happy with QB Basic 2004. A few days ago, I had an ...
  A: In 2006 QuickBooks switched their database engine to a proprietary Sequel database. And it ...
Posting Non-cash compenstion1/17/2008
  Q: I need some help on how to post non-cash compensation both for the payroll and on the w-2. I'm sure ...
  A: The original expense is the $ you paid for the gift. We are just reclassifying that payment of the ...
determining tax lines for COA Quickbooks1/16/2008
  Q: I'm having trouble determining what tax lines to assign items from the Chart of Accounts. I am ...
  A: Tax lines are needed if you will be integrating QB with Turbotax or some other tax software program. ...
Posting Non-cash compenstion1/15/2008
  Q: I need some help on how to post non-cash compensation both for the payroll and on the w-2. I'm sure ...
  A: I'm not familiar with Quicken payroll, but I've worked with many PR software programs and they are ...
Quickbooks 2004--lost access to Helps1/14/2008
  Q: I am treasurer of a small church and quite happy with QB Basic 2004. A few days ago, I had an ...
  A: I'm not clear as to the problem. If the help was internet based and the page for the help did not ...
Quickbooks Online Banking1/11/2008
  Q: I have taken over an account where the previous bookkeeper had used the online banking feature of ...
  A: Yes, First, in the matching window, scroll to the bottom of the list and match all the new ...
Applying a Vendor Bill toward a Customer Payment1/10/2008
  Q: I use Microsoft Accounting 2008 and I am hoping that you can help me with a question on payments. ...
  A: Actually, that bogus bank account is exactly what is used in all the software I am familiar with. So ...
quicken category1/9/2008
  Q: All my stocks that I have listed in Quicken show the share bal. in the last column except one and ...
  A: Sorry for the delay but I did not have the time to research what XBvms was until the weekend. I ...
paid sales tax on line with credit card1/8/2008
  Q: Just paid the sales tax on line. The amount was less than 200.00 so the only option was pay by ...
  A: I set up a new bank account called "Bank-Sales tax" Pay the sales tax in QB to the new bank account. ...
Departmental budgets1/7/2008
  Q: I am going to be setting up monthly budgets for about 20 different departments. Income and expenses ...
  A: QuickBooks has a feature called "class tracking" to handle departmental accounting Turn on Class ...
Quicken for DOS1/7/2008
  Q: I tried the following fix, but found that 2 of the 3 transactions were not memorized. Any other ...
  A: I'm looking at the subject line and it says Quicken for DOS I'm assuming that you are using a ...
Quickbooks Check Register1/2/2008
  Q: Is it possible to delete the entire check register at once? Our register has become so skewed that I ...
  A: You cannot delete a register but you can start a new file that copies the entire file (accounts, ...
Quicken 20051/2/2008
  Q: I would like to be able to generate multiple invoices from a single quote to the same customer (I ...
  A: If Quicken does not have 1 click conversion to invoicing, you should look at: QuickBooks Pro ...
income12/29/2007
  Q: Ms. Saltz, probably a very simple answer. I sold a business 2 yrs. ago and am owed money which is ...
  A: I think you mean to say that the money increases your checking account and it currently posting to ...
Moneycounts data convert to Quickbooks 200812/29/2007
  Q: Do you know how I can convert Moneycounts data to Quickbooks 2008? I found on the web an utility ...
  A: There is no easier path. I did alittle research as well (copy & paste the following link into a ...
Quicken 2004 Deluxe12/15/2007
  Q: When she tries to do this she will get the error message "cannot read memory". Can you please help ...
  A: I checked Inuit's (Quicken) Knowledgebase and here is what they said. The error may be caused by ...
Non-inventory part12/14/2007
  Q: What is the best way to set up the non-inventory part account if you are not charging the item to a ...
  A: Sorry about the confusion. You definitely need to use a 2 sided item (keep that ck box checked) ...
QuickBooks journal Entry12/14/2007
  Q: We traded in our 80% business-use vehicle toward the LEASE of another 80% business-use vehicle. How ...
  A: You will need to confirm this response with your tax advisor as I am am not currently involved in ...
Non-inventory part12/12/2007
  Q: What is the best way to set up the non-inventory part account if you are not charging the item to a ...
  A: When setting up the non-inventory part, Uncheck the box "this item is used in assemblies" and select ...
QUICK BOOKS / SET UP LLC12/11/2007
  Q: I AM SETTING UP A NEW LLC ON QUICK BOOKS. I HAVE SOME KNOWLEDGE OF GREAT PLAINS BUT DID NOT SET IT ...
  A: A Balance sheet consist of Cash balances in the bank Accounts Receivables Accounts Payables Credit ...
quicken help12/5/2007
  Q: I do not want to use budget function..Basically I want to use it like I used previous versions..How ...
  A: Can you be more specific as I'm not sure what the trouble (please give me a few sentences) is with ...
HOW TO RECORD UNUSED AP CREDIT12/4/2007
  Q: I am not sure if you are familiar with the Mas90 software. However, every time my company prints a ...
  A: Create a bill for this vendor and post the bill to the account that you would use if the company ...
Quickbooks Add-on Report Generator12/3/2007
  Q: I have recently purchased Quickbooks and find the reports do not offer enough flexibility. I've ...
  A: Bill, I'm having a bit of difficulty mastering the world of ODBC and Sequel of which some ...
Coverting from basic to premier12/3/2007
  Q: i HAVE A BACK UP COPY OF MY INFO TO ENTER ONTO 2004 PREMIER IT WILL NOT ALLOW ME TO BACK UP SAYING ...
  A: QuickBooks is not backward compatible. I believe the Basic version was last issued in the year 2004. ...
how do i get rid of budget on quicken12/2/2007
  Q: quicken is now scheduling entries every time i write a check thinking it is a recurring entry...how ...
  A: I'm not totally sure what is impeding your data entry. ARe you getting warnings that you exceed the ...
how do i get rid of budget on quicken12/1/2007
  Q: quicken is now scheduling entries every time i write a check thinking it is a recurring entry...how ...
  A: Click on the menu option at the very tippy top of the Quicken Screen labeled "Tools" Click on ...
Regarding Tally accounting11/23/2007
  Q: What ae the job opportunities for a Tally Certified Proffessional?
  A: Unfortunately, I'm not familiar with Tally as I am a CPA in the USA and have not encountered any ...
Equity account in Quickbooks budget11/22/2007
  Q: I'm working on my budget in Quickbooks. I have an account I call "Draw" set up as an equity ...
  A: You can set up a draw account as an "other expense" and use this account throughout the year to post ...
QUICK BOOKS / SET UP LLC11/20/2007
  Q: I AM SETTING UP A NEW LLC ON QUICK BOOKS. I HAVE SOME KNOWLEDGE OF GREAT PLAINS BUT DID NOT SET IT ...
  A: No, I do not have a generic work order for setting up a new company. But the steps I take are: 1. ...
QuickBooks reports - creating/modify P&L with subtotals11/19/2007
  Q: I am using QuickBooks Pro 2006. There are standard P&L statements, but I would like to modify so ...
  A: QuickBooks will generate a subtotal for accounts that have subaccounts for example Insurance ...
re-printing sales receipts11/19/2007
  Q: I accidentally sent my sales receipt to the wrong printer then instead of switching printers I ...
  A: Open a sales receipt and in the top left corner click on previous until you open the receipt that ...
Auto Shop purchase11/7/2007
  Q: My Stepson opened an Auto repair shop with a Partner, they had me come in a month after they opened ...
  A: Should the $82,000 be split into 2 loans with an amount payable to each partner? Or is this a loan ...
Quickbooks 2007 restore failed10/31/2007
  Q: My accountant emailed me a backup copy and I cannot restore the file. My accountant walked me ...
  A: No. There is no setting that will prevent a restoration. But, there are 2 types of backup files and ...
Quickbooks for Farming10/28/2007
  Q: I am looking for some help with using Quickbooks for my farming business. I can't seem to find any ...
  A: Farming is a business that I do not have much experience with. There is a website that does sell a ...
Non-profit start-up10/27/2007
  Q: as an Architect). I am starting up a non-profit. (You might want to visit my site at ...
  A: The main difference between the two software editions is 1. NP Premier has a form for a sales ...
How do I enter the purchase of the assets of another business.10/22/2007
  Q: I just recently purchased a real estate magazine and want to enter the transaction into QuickBooks. ...
  A: Please visit www.irs.gov and search and download the form 8594 and read the instructions for form ...
Quicken10/19/2007
  Q: I appreciate your time in answering my questions. These will be more toward accounting setup for a ...
  A: Sorry for the delay in responding, I missed the e-mail notification that there was a question that ...
Cash Basis Bad Debts10/16/2007
  Q: ...we recd notice from the IRS for an audit because we deducted bad debt and we are on the cash ...
  A: I am an Advanced Certified QuickBooks Advisor and Certified Public Accountant. You are correct in ...
Investment Accounts10/15/2007
  Q: We are preparing to convert to Quick Books. We purchased Enterprise Solutions - Accountant's ...
  A: You can reconcile any asset or liability account (the account type does not have to be a bank ...
Quicken 2007 Invoices10/11/2007
  Q: Is there a method or way to use the qty/rate in reports. I want to see how many/much of an item was ...
  A: Unfortunately I do not. Quicken does export resports to excel too (there is a button a the top of ...
Quicken 2007 Invoices10/10/2007
  Q: Is there a method or way to use the qty/rate in reports. I want to see how many/much of an item was ...
  A: In Quickbooks there is a sales by item summary which reports Qty sold, but Quickens reports are not ...
Quickbooks Invoicing10/2/2007
  Q: I am so frustrated with QB. I manufacture custom mascot blankets for high schools in America. They ...
  A: Set up 2 items in your item list both are "other charge" item types Names a. Customer deposits ...
QBpremium - Payroll setup9/19/2007
  Q: Looking for a good example list of 'payroll vendors' for setting up QB Payroll in Construction Co. ...
  A: I dont understand the question. Are you using QuickBooks Do-It-Yourself Payroll service, or QB ...
some questions9/11/2007
  Q: i need your help: my office is non-profit organization, so when we received more fund from donor, ...
  A: There is no facility for attaching files through allexperts. If its the format that you are ...
Price level list9/9/2007
  Q: I am using QB 2007 Premier. Im having trouble setting up my price level list. I have turned on the ...
  A: Sounds like you are doing everything right. Price level must be turned on under preferences. And ...
Chart of Account Set-Up9/7/2007
  Q: I just began working as an Acctg Suprvisor at a management company that helps advise and support ...
  A: I'm not sure how familiar you are with QuickBooks so I'll throw out a few ideas that you may not be ...
some questions9/6/2007
  Q: i need your help: my office is non-profit organization, so when we received more fund from donor, ...
  A: Sure. Go to reports, Company & Financial, Profit and Loss Standard, select a date range (year to ...
some questions8/22/2007
  Q: i need your help: my office is non-profit organization, so when we received more fund from donor, ...
  A: Generally the cost of an asset is the delivered cost (purchase price plus installation, plus ...
bad debt writeoffs for cash basis accounting8/14/2007
  Q: I have written off several invoices that will not be collected. We are on a cash basis and now it ...
  A: My apologies for the delay. I never received notification of your question and just now discovered ...
Trial balance8/12/2007
  Q: I am working with Quicken 2006 for a small business and I need to run a trial balance sheet for the ...
  A: Quicken does nothave a trial balance. A good set of reports for the accountant from Quicken is: 1. ...
compare between quickbook and myob8/3/2007
  Q: my question is if i wanna compare between quickbook and myob which accounting software will be ...
  A: This question is too broad as choosing a software is dependent upon the business processes you have ...
Bonus? Nontaxable?8/2/2007
  Q: We hired a new employee from a nearby state and gave him 1500.00 "moving allowance" to help with ...
  A: Please visit http://www.irs.gov/pub/irs-pdf/p15b.pdf Page 16 of this guide discusses moving expense ...
Inventory tracking8/2/2007
  Q: My husband just started his own business from home-marine repair. He buys parts and repairs boats. ...
  A: The technically correct answer is to allocate the lump sum amount over the 3000 parts you purchased. ...
Invoice date question7/28/2007
  Q: I have used QB Pro 2004 and presently using the 2007 version. I have been having problems with the ...
  A: Edit your template for the invoice and add back the date field for the screen. You can leave off ...
some questions7/25/2007
  Q: i need your help: my office is non-profit organization, so when we received more fund from donor, ...
  A: Revenue can be recognized on the accrual basis or cash basis of accounting. On the accrual basis - ...
Ceridian7/19/2007
  Q: I hope that you can maybe give me some insight into how the Ceridian Payroll system works. I am a ...
  A: I hope your interview went well. I was away for several days and did not get back until today so I ...
lock the terms7/17/2007
  Q: Is there any way that I can lock the users from change the terms from a customer in QuickBooks? Only ...
  A: Not really. Monthly you can set the closing date on the books so that NOTHING can be changed that ...
lock the terms7/13/2007
  Q: Is there any way that I can lock the users from change the terms from a customer in QuickBooks? Only ...
  A: In Quickbooks Pro and Premier editions you can allow the user to create transactions but not allow ...
Tax adjustments7/12/2007
  Q: I paid most of the quarterly taxes on line. (first time) The online amount and the QB amount ...
  A: Congrats on the timely tax filing. I'm assuming that you are referring to payroll taxes, if not, let ...
lock the terms7/12/2007
  Q: Is there any way that I can lock the users from change the terms from a customer in QuickBooks? Only ...
  A: No, I also checked in the QB Enterprise Edition which offers 117 different restrictions, but ...
?7/10/2007
  Q: can you please tell me how to change the names of a category in Quicken? thanks so much! gb
  A: Go to the "tools" menu at the very top of the Quicken window. From the drop down menu, choose ...
exporting lists7/6/2007
  Q: I am trying to export the chart of accounts and vendor list so I can use it in a new company. I am ...
  A: Are you giving the file a name? The default is *.iff where the Star is a "wildcard" and cannot be ...
exporting lists7/3/2007
  Q: I am trying to export the chart of accounts and vendor list so I can use it in a new company. I am ...
  A: You did not mention the procedure you were using so here are the instructions on how to ...
Sales Report by Item Summary7/2/2007
  Q: My company uses this report as a general report for sales margins for all of our sales people. ...
  A: No, QuickBooks only uses average cost and you will find yourself in the middle of a nightmare if you ...
Corporation income7/1/2007
  Q: I am considering forming a C-Corporation that would be a partial member of an LLC. This LLC has ...
  A: Unfortunately Mathew I do not know the answer to that question without doing research. You might ...
Corporation income7/1/2007
  Q: I am considering forming a C-Corporation that would be a partial member of an LLC. This LLC has ...
  A: Before you do, visit http://www.nysscpa.org/cpajournal/old/14469571.htm Its an article that is ...
separating marital assets6/29/2007
  Q: I need to separate balance sheet accounts (not their future earnings and losses)by ...
  A: I suppose that it will work. You will need to "unhide" any accounts that you have hidden from view. ...
Bad Debt Write off going to Profit on P&L6/28/2007
  Q: We are a recruitment company and have a debt we are trying to write off in Quickbooks 2004. We ...
  A: Delete the payment transaction. Use a credit memo found under the customer menu. Use the same item ...
Payments to collections6/28/2007
  Q: I use QB 2005 to run my small business, and I am stumped on how to handle/input a payment I recently ...
  A: Look to the vendor who submitted the amount to collections. Whatever account you would have used to ...
accounting software6/27/2007
  Q: Linda, I may be asking a question outside of your expertise on this site, but as a CPA, I'm hoping ...
  A: I owned and managed a CPA firm for 11 years after working in one for several more. I sold that ...
A/R and A/P6/26/2007
  Q: I have clients that use QB for both A/R and A/P but report on the cash method for tax. I ased them ...
  A: A/R and A/P will appear on the financials if there are credits that are not linked to the invoice or ...
recording a tax penality in QB6/26/2007
  Q: I transposed 2 of the numbers on the FICA tax deposit coupon. The bank was unable to make the ...
  A: Let me know if I did not understand correctly: 1. The original check for FICA will clear the bank it ...
SSN request of a customer6/22/2007
  Q: One of my customers that I clean their house every other week for 6 hours requested my SSN. He said ...
  A: Technically, the answer is no. Your customer is not required to send you a 1099 for the payments of ...
Quicken budget balancing6/14/2007
  Q: I'm trying to use Quicken to make sure that I'm working with a budget, but I'm finding that there ...
  A: I think that there needs to be a clarification of budgeting in Quicken. A budget can be established ...
Canadian version of QB Pro verses US version6/12/2007
  Q: Are there major differences between the Canadian version of QB Pro and the US version? I have been ...
  A: I have not evaluated the Canadian edition. So I am only aware of differences that I have read about. ...
accounting/inventory software for e-bay6/12/2007
  Q: Last year I started e-bay, and everything went very well, except the invertory and accounting ...
  A: QuickBooks Pro is a great way to get started. It handles your sales, payables, and profit & loss ...
QuickBooks - How to track startup business loan5/29/2007
  Q: How do I track the startup phase of a business loan in QuickBooks. This loan has been closed and ...
  A: Run a balance sheet report in QB Report menu > Company & Financial > balance sheet standard What is ...
mortgage refinance4/30/2007
  Q: how do I enter a refinance of my existing mortgage? We borrowed 186,375.00. Out of that amount we ...
  A: Sorry for the delay, notification of your question must have been buried between the Sea of junk ...
mortgage refinance4/29/2007
  Q: how do I enter a refinance of my existing mortgage? We borrowed 186,375.00. Out of that amount we ...
  A: You will need to have the HUD statement for the closing in front of you to enter this transaction ...
Sales Tax4/21/2007
  Q: I have created a Sales Tax Group but when I try to add it as a item in the invocie I do not see it ...
  A: It is not possible to insert a sales tax group item in the body of the invoice. You can list in ...
QuickBooks export to NetSuite4/20/2007
  Q: Our small but growing company is converting to NetSuite from QB. Do I have to convert 11 years' ...
  A: I am well versed in conversions to QuickBooks. But do not have any experience with conversions to ...
Reducing Inventory File4/19/2007
  Q: I have just read your answer on importing excel spread sheet inventory into QB. I am using QB ...
  A: No, you will need to merge from within QuickBooks, one item at a time. Take a look at QuickBooks ...
Several Quickbooks Questions4/12/2007
  Q: We are using Quickbooks for our wholesale sales. We would like to have a mobile application able ...
  A: visit http://marketplace.intuit.com/search.asp?category=204&CategoryName=Wireless_&_PDA (if this ...
Inventory Setup in QuickBooks4/5/2007
  Q: We have completed an asset purchase in order to establish a new company. As part of this purchase, ...
  A: Inventory adjustments from the vendor menu, require you to enter an account. Set up a Inventory ...
Quicken files condensed4/4/2007
  Q: Is it possible to condense or reduce file size in order to more easily exchange files by email?
  A: You can go to the file menu > File operations > Copy file and copy the transactions from a date ...
Quickbooks pro 20054/3/2007
  Q: I need to add an opening balance to an account the already exists and payments have been made to. ...
  A: Are you a corporation or a partnership? And have you filed a tax return with a wrong balance? If ...
Loan from Shareholder4/2/2007
  Q: One of the owners of the company [an S Corp] deposited cash into the company bank account, which was ...
  A: If you be paying the cash advance back to the Credit Card company. I would set up a new charge of ...
print option on invoices3/28/2007
  Q: By default, whenever I open a new invoice on QB 2006 Pro, the print checkbox is already checked. Is ...
  A: There is no Preference to choose which will unselect the to be printed for all invoices. QuickBooks ...
accounts3/26/2007
  Q: Using Quickbooks, I have retained earnings that I have put in an investment account(stock) I have ...
  A: Since the Ameritrade in not in the business name, it would not be an asset or liability of the ...
importing excel spread sheet inventory in to QB3/20/2007
  Q: I am using QuickBooks Pro 2006 and been tyring to import a excel spread sheet with our products ...
  A: QuickBooks Pro & Premier have a 14,500 item limit. If you need more items, you will need to upgrade ...
invoicing program3/14/2007
  Q: i am looking for an invoicing program that has an ability to do recurring invoicing. the program we ...
  A: QuickBooks has a "memorized transaction feature" when applied to invoices will create a recurring ...
Tracking Taxes3/6/2007
  Q: I am very irritated with Quickbooks trying to 'help' me by filling in the GST and PST when I enter ...
  A: Unfortunately I do not have any experience with the Canadian version of QuickBooks. But you might ...
Unpaid Report3/1/2007
  Q: I would like to print a report that shows me 'unpaid' invoices by vendor. I can find it in the 'Pay ...
  A: I will assume you are using QuickBooks. From the Pay Bills window in QB, at the top of this window ...
Quickbooks PRo 2006 & invoices2/28/2007
  Q: I received a partial payment from a customer and applied that via Receive Payments. I am now trying ...
  A: Changing a transaction after it has been sent is not good accounting procedure. All your reports are ...
No assembly item in my version2/26/2007
  Q: You helped me out one time before, thank you! I am getting ready to sell kits that are made up of a ...
  A: I dont own a Mac But the PC version has a has an item type called a group item. List menu > Item ...
best rental software2/25/2007
  Q: We have only TWO vacation condos. Quickbooks seems like overkill to me, but we would like to keep ...
  A: I am a Certified QuickBooks advisor and while I have broad knowledge of the software that integrate ...
some question2/16/2007
  Q: now i am accountant.. but i want to continue my study. i wanna study master in international trade. ...
  A: Having spent the last 25 years supporting small businesses as an accountant/CPA I do not have the ...
Over 200 Employees2/12/2007
  Q: I work for a company with over 200 employees. Payroll information must be transmitted to the IRS by ...
  A: For 2007 and earlier versions the answer is no, but there is a 3rd party add-on ...
P & L2/6/2007
  Q: Good suggestions and easy to following, but it isn't working. It is almost like I have hidden ...
  A: J. Your screen shots do not come through so I'm flying a bit blind here. The Quick reports need to ...
P & L2/5/2007
  Q: When I run the P & L for last year (2006), it does not produce a line item for Travel & ...
  A: J. We need to hunt up one transaction that you categorized T&E to so that we can trace that ...
postage machine lease2/1/2007
  Q: How do I properly set up postage machine lease in chart of accounts? Would this be liability or ...
  A: It depends on how the lease is written. Can the company can buy the equipment at a bargain price ...
Coffee supplies & snacks for office1/22/2007
  Q: Would you put coffee supplies & snacks for office under office supplies or make seperate line in ...
  A: I tell customers to change the name of the account of office supplies to office expenses. It then ...
sole proprietor and expense draws1/15/2007
  Q: I'm a new sole proprietor, and have discovered I need to pick up a small business class soon. My ...
  A: I hope you are not audited, that is a real nuisance to have to gather all the receipts! Did you ...
Category for S-corp Shareholder Dist1/8/2007
  Q: Linda, Thanks for the help. I should have said that I'm using Quicken Home & Business, not ...
  A: Quicken does not have an "equity type" of account. and it is very cumbersome to track equity ...
Starting Quicken1/7/2007
  Q: Since Thurs. evening, I haven't been able to get into Quicken. I keep getting the message, ...
  A: I have a version of Quicken 2004 on my desktop and have no trouble opening it or entering ...
Category for S-corp Shareholder Dist1/6/2007
  Q: I recently switched to an S-corp and am confused about shareholder distributions. What category do I ...
  A: Set up an account - (an equity type of account) named Shareholder distributions. On the first day ...
Sales Tax12/19/2006
  Q: I've uncovered some mistakes I've made regarding sales tax. I incorrectly paid sales tax as if it ...
  A: Even as an expert, fixing sales tax is a bit of a struggle. There is an "adjust sales tax" selection ...
Reminder for unprinted invoices12/7/2006
  Q: Linda: In using Quickbooks Pro 2006, I have tried to determine if there is anyway a report can be ...
  A: Sorry for the delay, I was away acquiring advanced certification with QuickBooks. There is no ...
QB premier Chart of Accounts12/5/2006
  Q: I am starting a RECRUITING/STAFFING/EXECUTIVE SEARCH business in PERM PLACEMENT ONLY. Can you direct ...
  A: Good luck with your new venture. See http://www.qbalance.com/chart_of_accounts.htm For a sample ...
Unable to send email invoices12/4/2006
  Q: I have never had a problem with sending out my invoices via email. This afternoon, it stalls at the ...
  A: It would be a problem with the Intuit Servers. I noticed some "issues" last week for the first ...
Tax line assignment11/27/2006
  Q: I purchased some inspection tools for my business ( Home Inspection) Where on schedule C would I ...
  A: For 2006 Equipment is fully deductable as section 179 depreciation expense up to $108,000(for ...
Moneycounts VS. Quickbooks11/15/2006
  Q: I am the admin asst. at a small church. We currently have financial information in both Moneycounts ...
  A: I believe that MoneyCounts is an OLD software package and therefore getting support may be very ...
Quicken Premiere Home and Business 200611/13/2006
  Q: I bought a new laptop. When I connect to the bank it downloads every transaction since day one, so ...
  A: Did it only do this once. Or everytime you connect it downloads the data all over again. Hi George, ...
Quicken 2006 bank reconciliation11/8/2006
  Q: I'm trying to help my 92 yr. old dad with this. 2 questions: He reconciled his Sept. cking. stmt. to ...
  A: The opening balance can change when a transaction that has already been cleared by the bank in prior ...
Printing Only 1 page in Quickbooks10/16/2006
  Q: We're having a problem here when we try to print three pages, only one will print. Do you know why ...
  A: I need more information to try to identify the problem. What report are you printing? Does it print ...
Quicken Backup Files9/30/2006
  Q: I know that the main data file is QDF and that the files with extensions QPH, QEL, and IDX need to ...
  A: I wish I could be of more help, but unfortunately the logistics of how the Quicken interacts with ...
Online Banking9/28/2006
  Q: How can I delete an account that is setup for online banking download? I don't want to delete the ...
  A: Go to the tools menu Select account list Highlight the account Click on the edit menu Click on the ...
Importing Excel Budget sheet to QB Pro 20069/25/2006
  Q: I have QB Pro 2006 and never have converted or import a multi departement expense budget excel ...
  A: Its easy to import list items (accounts, items, cust, vendors) but importing transactions or other ...
Quickbooks data9/20/2006
  Q: I just started with this firm and they have only been in business for 3 months, they are basically ...
  A: Set up new accts in the chart of accounts as follows (in this example there are 2 partners Steve & ...
Quicken or best software...9/13/2006
  Q: I am an administrator at a residential development company, we buy vacant lots and build houses. We ...
  A: I am very familiar with the accounting hassles you need to deal with. Many small home builders do ...
confirming emailed reports9/12/2006
  Q: Is there any way in Quickbooks Pro 2005 to review emailed reports? I sent six invoices to a ...
  A: No Intuit does not provide this service for free. You can sign up for Intuit billing solutions: ...
Pins and passwords9/8/2006
  Q: My computer died and I started over. I have tried to find my pins and passwords and have a huge ...
  A: I'm sorry to hear that. You have my sympathies, reconstructing software and data can be a nightmare. ...
Simply Accounting9/6/2006
  Q: I need to know what to do if one is having trouble getting the cheques to line up. Thanks in ...
  A: I've no experience with Simply Accounting. But you might repost your questions in the Simply ...
Bank Reconciliation9/5/2006
  Q: We have lost our copies of our Bank Rec's for the last financial. How do we re-print this ...
  A: I did respond to this on Tuesday morning, but it looks like my response never made it to you. So ...
Bank Reconciliation9/5/2006
  Q: We have lost our copies of our Bank Rec's for the last financial. How do we re-print this ...
  A: If you are using QuickBooks Pro: This version only saves the last bank rec report that you ...
Interested in you opinion of my idea? Please help?9/1/2006
  Q: "I'm thinking of starting my own home based book keeping / tax service. I have worked in the ...
  A: I think cyber bookkeepers/accountants are going to be an everyday event in the next couple of years, ...
Applying Payment to a Purchase Order After the Fact8/28/2006
  Q: Linda. Sometimes we do things a little bit backwards and don't enter the purchase order until after ...
  A: There is not a direct way to link a PO with a check. I suggest the following: The check should be ...
Quickbooks/Quicken8/24/2006
  Q: I have been doing some work for a company by setting up their computers & network and they are using ...
  A: I certainly can understand your frustration. It should not take that long. I would have figured max ...
hi8/16/2006
  Q: when a credit report is generated will it show: if the creditors had trouble establishing my ...
  A: Unfortunately, credit reporting is not an area that I have experience with. you should be able to ...
Income to Expenses8/14/2006
  Q: For some reason quicken has been logging a lot of my expenses as income. I didn't know how to ...
  A: First, do a back up of your Quicken. Next - from the edit menu select Recategorize Select the ...
entering expenses and items8/8/2006
  Q: I enter what I purchased from the vendor under items and my delivery costs under expenses.When I run ...
  A: Sorry for the delayed response, I was away on vacation. Items will show up on your expense by ...
Treatment of Prepayments8/7/2006
  Q: Further to this, in Australia, we have Goods & Services Tax which is 10% and would be applied to a ...
  A: You will need to call the taxing department of your gov't and ask them when they expect payment. If ...
Treatment of Prepayments7/31/2006
  Q: G'day Linda. I am not an accountant. I just struggle with the book keeping. I supply a customer ...
  A: First, make a backup of your file Set up a new account in QuickBooks Type - Current Liability ...
Quickbooks7/25/2006
  Q: If one computer has quickbooks Enterprise Solutions 6.0 can I install Quickboos 2006 professional on ...
  A: "If one computer has quickbooks Enterprise Solutions 6.0 can I install Quickboos 2006 professional ...
Quickbooks7/25/2006
  Q: I hope you can help with this question. I have home/office and I installed quickbooks on one of my ...
  A: I cannot help you with the networking but once networked here are the steps you need to take: ...
Should I use Quick Book 2006 Premier or the Premier Retail 2006 Edition? I own a restaurant business7/24/2006
  Q: I just bought Quickbook Premier 2006, which contains industry specific editions, one of which is th ...
  A: Sorry for the delay, notification of this question was lost in a wave of spam in my e-mail box. ...
credit cards7/21/2006
  Q: You answered this questions below, however, your answer applied to QUICKBOOKS. I'd like the same ...
  A: I work with the basic Quicken every day. But I'm not familiar with the Quicken version that tracks ...
QuickBooks Budget Report7/20/2006
  Q: How do I get a a Balance Sheet Budget vs Actual to show the YTD budget (ie: 1/1/06-6/30/06) instead ...
  A: Run a P&L budget overview to check that your budget has data in each month for each account. Next ...
Sales Tax Liability Report7/11/2006
  Q: I am using Mac 2005 for the first time. I am getting ready to pay my sales tax to the state. I ran ...
  A: The sales tax liability report works off the items that appear on the invoice. If you are ...
Quickbooks Pro7/10/2006
  Q: I can't figure out how to get an invoice to print with "1% will be added to the balance..." along ...
  A: You can do this one of two ways. 1. Open a new invoice On the lower left there is a box named ...
SMALL BUSINESS-taxes/management/operations software7/4/2006
  Q: My boss owns a contetruction company and has virtually no office set up and my job is to create an ...
  A: QuickBooks is ideal for a small construction business. It will compile your books and records so ...
Quickbooks Short Year6/26/2006
  Q: Want to change our company's year for calendar to fiscal year in Quickbooks. Will have a "short ...
  A: You can use the same file. simply change the date for the new year in the company menu > company ...
WIP6/26/2006
  Q: Our fledgling business will of necessity have substantial Work In Process Inventories. I did a Help ...
  A: Terry, You did not mention the industry you are in, so this is a very generic answer. Any ...
Getting inactive items to stay hidden6/25/2006
  Q: but I'm afraid you have misunderstood my question. I am not trying to export my lists into Excel. ...
  A: Isn't there some setting I can toggle that will hide the inactive items from everything that uses ...
Quickbooks Purchase Tracking6/25/2006
  Q: I am extremely new to Quickbooks. I was trying to set up an inventory based on some items we'd ...
  A: Set up a new account for the credit card you used to pay for these items. Set the account type = ...
Getting inactive items to stay hidden6/25/2006
  Q: I am using Quickbooks Premier 2004. When I make inventory items inactive in my item list, they ...
  A: Try running the report for an item list and exporting to excel rather than exporting in an iif file. ...
Quickbooks Budget vs Actual vs Total Year Report6/8/2006
  Q: Is there a way to have all the following information on one report in Quickbooks? Budget YTD Actual ...
  A: Unfortunately, the only way to acheive this is by exporting both reports to excel and coping the ...
Invoice overpament6/2/2006
  Q: A customer intentionally overpaid an invoice by $50.00 to account for paying the bill so late. We ...
  A: Here is one way that will work: Assume that the amount due from the client was $350 and their ...
payroll5/25/2006
  Q: I used ytd history in payroll. church employees with basic salary minus fed w/h, ss, medi. state ...
  A: Gross less deductions = Net. This should be what your experiencing. Once you enter the YTD ...
payroll5/25/2006
  Q: I have set up a new company file. In setting up payroll data, I am having trouble with the ytd ...
  A: Throughout the year QuickBooks updates their tax tables to conform with any payroll tax changes ...
Social Security Number5/24/2006
  Q: An employee of ours has requested that we do NOT put her social security number on her paychecks ...
  A: I truly have no idea as to what is legal, this is a very strange (new) request. I've never heard ...
Printing Issues5/23/2006
  Q: I am using Quickbooks 2003 through a remote connection to an office in Bermuda. When I try to print ...
  A: I'm not an IT expert, so I may not be steering you in the right connection. But... here is what I do ...
Quickbooks or Quicken H&B?5/23/2006
  Q: My husband and I are starting up a service business in which we do not have any inventory or sales ...
  A: I find the receivable reports and customer reports are better in QuickBooks. Plus with 2 of you, you ...
QuickBooks payroll5/22/2006
  Q: I am taking over the books for a church that uses QuickBooks payroll. For a number of reasons, I ...
  A: Unfortunately, you cannot import detailed employee information. You can export your Customer, ...
Open office opening files5/21/2006
  Q: I use quick books and open office how can I get open office to open iif files as a spread sheet ...
  A: I have no experience with open office software, QuickBooks is designed to work seamlessly with Excel ...
Adding inventory balances to P&L reports5/18/2006
  Q: I am using QuickBooks Premier Retail Edition 2004 in my motorcycle repair business. I buy inventory ...
  A: Helen, a) beginning inventory (b)purchases (c) COG available (d) less ending inventory (EI) ...
Quicken Reminders5/10/2006
  Q: How can I delete old Reminders? When I come on quicken, I see old reminders, since I have used a ...
  A: Unfortunately, I no longer have Quicken 2000 available to review. But I believe reminders are a ...
loan payments and taxes5/1/2006
  Q: How can I be sure that I have not paid taxes on loan repayments? I lack the understanding of how ...
  A: Principle loan repayments are not deductible. While there are loans do not flow through the ...
File importing in QB PRO 20064/24/2006
  Q: I would like to know if is it possible to import excel files into Quickbooks. Judging by the ...
  A: There is an inexpensive tool ($59)at http://www.bigredconsulting.com called the iif transaction ...
Payroll4/16/2006
  Q: I read an earlier answer about quickbooks not processing payroll unless I make an additional ...
  A: Quickbooks does not come with the tax tables preloaded, you need to select a payroll option before ...
COGS in quickbooks4/5/2006
  Q: The version I'm using is 2006. Actually, we're just transferring into it right now. What I'd like ...
  A: I felt the same way when I first was exposed to QuickBooks. Here is how it works A bill cannot be ...
Importing Budgets to Quickbooks3/24/2006
  Q: I have QuickbooksPro 2006. I wanted to import my budget from Excel. I tried exporting a blank ...
  A: I have never imported a budget into QuickBooks. But for $33 there is a tool that will create a file ...
COGS in quickbooks3/21/2006
  Q: The version I'm using is 2006. Actually, we're just transferring into it right now. What I'd like ...
  A: Quickbooks uses a rolling average: QuickBooks recalculates the average cost of an item every time ...
Check writing software3/9/2006
  Q: Linda: I am sure that this is an easy question for you. My handwriting is so bad that I would like ...
  A: I am not aware of any, and I think that is because technology has now allowed us to pay all our ...
Category3/7/2006
  Q: Linda Saltz, Hi Linda, I just started using Quicken 2004, with Windows XP Pro. I am tracking ...
  A: Withdrawals are not business expenses. If you are a sole proprietor or a sole owner LLC you pay ...
Tax Line Assignment for CD3/6/2006
  Q: I invested some of my sole proprietorship's income into a certificate of deposit. To which tax line ...
  A: Tax line codes are specifically for accounts that are reportable on a tax return. For a business, ...
Taxyear & Quicken3/2/2006
  Q: I just started using Quicken 2004, with Windows XP Pro. I am tracking business expenses. I hope my ...
  A: The Tax code (IRS) says Its okay to deduct expenses incurred on a credit card in the year that the ...
Check Alignment in Quicken 20062/27/2006
  Q: I just upgraded to Quicken version 2006 to solve the check printing problem and it has not been ...
  A: I'm sorry I dont have a solution for you. But I use Quicken and pay 99% of every bill using online ...
Can QuickBooks help me?2/22/2006
  Q: I have just become treasurer of a small, non-profit support group and would like to update the ...
  A: I cannot picture exactly the reports that you need. QuickBooks does not generate a report that ...
Business Purchase2/21/2006
  Q: I understand all the steps. I just want to clear up a few points. Is the capital account that I ...
  A: Please forgive the delay. Notification of this question got buried in with the tons of spam I get ...
Quickbooks Pro 20052/16/2006
  Q: I have a customer who would like to make a purchase and make 4 monthly payments on the total amount. ...
  A: Read about memorized transactions From the Help Menu. This will provide you with the solution you ...
one question2/15/2006
  Q: i have one question to ask you. i want to sell without credit term. how can i set? cuz everytime i ...
  A: Customers are trained to look for the payment terms box. So QuickBooks provides a term "Due Upon ...
Returned check in savings deposit for Quickbooks Pro 20052/14/2006
  Q: Our bank returned one of our checks from our clients in one of my bank savings deposits because the ...
  A: I'm assuming now you have 2 invoices and 2 receive payments for this one invoice. So you now need ...
Returned check in savings deposit for Quickbooks Pro 20052/14/2006
  Q: Our bank returned one of our checks from our clients in one of my bank savings deposits because the ...
  A: Gee, I havent seen that as a reason for bouncing a check. In fact I've deposited checks (written to ...
Changing Company Name2/7/2006
  Q: we are using QuickBooks Pro 2004. We have a DBA company already established in QuickBooks. We have ...
  A: You can simply change the name in QBooks and file just one schedule C for your business Although ...
Quickbooks payroll2/7/2006
  Q: I am trying to use the payroll section of quickbooks and the federal tax is not computing, when I go ...
  A: Im not sure what you mean when you say "the federal witholding line is blank" In order for QB to ...
Rebate checks in Quickbooks Pro 20052/6/2006
  Q: I received a bunch of automatic responses from you saying you'd answered this question already, ...
  A: I do remember getting asked the same question about 6 times but here is my initial response. Go to ...
Inventory Set-up2/2/2006
  Q: How do I put our current inventory into QuickBooks Pro? This function has not been used in my office ...
  A: You need to turn on the inventory feature in QB Edit Menu Preferences Purchases and Vendors Company ...
ticketing2/2/2006
  Q: Cash in is when tickets are sold for certain train rides they cash it in so we do a reconciliation ...
  A: Ive got no experience with this software. But it may be a set up in your preferences of the ...
How to handle rebate checks in Quickbooks Pro 20051/31/2006
  Q: I received a rebate check from Symantec for some software we'd bought in 2005. Where do I go to ...
  A: go to the Banking Menu, Select Make Deposits. Select the vendor name in the first column, the ...
about filing for taxes1/27/2006
  Q: I have been unemployed since Nov of 2004. the only money that I made all year was from a savings ...
  A: From just the facts that you provided, I would say no, but if you received unemployment income you ...
quickbooks database1/19/2006
  Q: I need some help with geting client computers on my network to access the quickbooks .QDB,.QDW I ...
  A: There is a bit of a change in the way you install QB2006 Be very careful to follow the instructions ...
Partnership1/19/2006
  Q: I have a business with a partner and have QB 06 and I am in charge of the bookkeeping and would like ...
  A: This is a manual task. Each year 1/1/new year you need to make JE to close draw and retained ...
Sales Tax Coding in Quickbooks 2005 Pro1/11/2006
  Q: Linda, I am using Quickbooks for the 1st time as a bookkeeper in a software support business in MN. ...
  A: A Correct set-up for multistate Two sales tax items 1. SD Sales Tax 2. MN Sales Tax Two Services ...
QUICK BOOKS QUESTION1/7/2006
  Q: I am looking into using Quick Books Premier Contractor edition, do know how to use this product. I ...
  A: The contractor edition would work well for you. It will track your work history nicely. But it ...
Changing cost of goods to accounts payable1/6/2006
  Q: At the end of the year, I show that I owe for inventory in accounts payable. My accountant told me ...
  A: Wow. Sounds like a bit of a mess! This may not be something that I can help you with without ...
Backing up quickbooks12/14/2005
  Q: I am probably doing something wrong but when I backup quickbooks to a disk it says back up is ...
  A: CDs can be a nuisance to back up onto. I suggest going out to Staples or CompUSA (or the like) and ...
quick books pro restore12/13/2005
  Q: Our business computer crashed the other day - it's older and beyond worth to repair it. So we bought ...
  A: Copy the backup file onto your C drive Next, find the backupfile on your C drive and right click ...
form 94112/1/2005
  Q: I need to print a form 941 from the fourth quarter of 2004. I cannot find my copy and the IRS has ...
  A: Since my software updates with each new version, I can no longer access an exact replica of what ...
Importing inventory from excel to QB pro 200611/30/2005
  Q: just got the QB 2006 pro and setting up an account and trying to import inventory from excel Keeps ...
  A: Look under Help menu under QuickBooks Help for the term Import - and select excel to read about how ...
savings11/28/2005
  Q: I really liked the savings feature in the older versions of Quicken. My accountant had me switch ...
  A: No Mike, that feature does not exist in QuickBooks. You could set up a new bank account as sub ...
QB Basic 200311/21/2005
  Q: When reconciling monthly bank statements, I have discovered minor discrepencies in the amount ...
  A: Probably your easiet bet would be to enter a new check _ using the same check number for the .30 ...
QuickBooks Cash Flow Projection11/20/2005
  Q: I am using QuickBooks 2005 Enterprise Solutions for Contractors. I would like to use the Cash Flow ...
  A: I'm with you. It is a very limited tool- there is no provision for changing the dates. I also think ...
debt forgiveness10/25/2005
  Q: Corporation A lends to corporation B $50,000. Corp. B cannot repay the debt and Corp. A forgives it ...
  A: Set up an account in Other income type of account "debt forgiveness income" Whether or not it will ...
Quicken 200410/25/2005
  Q: How do I change the date in Register to dd/mm/yyyy?
  A: This is a first for me, I've never been asked this before. I do not think it can be done. I looked ...
accounting10/16/2005
  Q: I work for a corporation and my boss told me to do the following in order to bring the profit ...
  A: I am not an expert in job cost accounting but the internal revenue service (USA) permits large ...
Quicken9/20/2005
  Q: Linda Is it possible to set quicken up to automatically deposit my SS check on the third Wednesday ...
  A: No, those parameters are not available in Quicken. The best that you can do is set the parameter to ...
Receipt Account9/4/2005
  Q: I am using QuickBooks Premier 2002. How can a make a receipt, amount credited to an expense code, ...
  A: I'm not sure if I understand your question correctly so I will guess, and if you need more info, ...
Importing Excel Sheet into QB9/1/2005
  Q: I am currently revising our inventory system numbering system. I transferred the inventory list ...
  A: Keep in mind that with any import, QuickBooks will NOT change the item, instead it creates a new ...
Quickbooks8/29/2005
  Q: I began a new business in March. I am new to Quickbooks. When I tried to reconcille I notice that ...
  A: Best thing to do is send me an e-mail to info@qbalance.com with A/R troubleshooting in the memo ...
Advance Payment8/27/2005
  Q: I am using Quickbooks - Accountant Edition 2002. How to make advance payment for the Vendor? The ...
  A: Use a "write check" transaction Payee = vendor name Account = Accounts payable Under Customer:Job ...
Quickbooks8/27/2005
  Q: I began a new business in March. I am new to Quickbooks. When I tried to reconcille I notice that ...
  A: Here is a link to a page in my newsletter discussing how to fix a few A/R problems ...
QB Pro 20038/25/2005
  Q: A customer has overpaid an invoice by only three cents. Instead of sending a refund check for just ...
  A: Writing off an overpayment is a bit trickier than a writedown due to discounts or billing errors or ...
Quickbooks Sales by Item Report8/23/2005
  Q: I am trying to create a sales by item report and I want to use the column "Calculated Amount" but do ...
  A: This field is used by the payroll module within quickbooks not the sales module. QuickBooks will ...
Payroll taxes8/6/2005
  Q: I'm a small grocery store owner who needs to hire some employees outside the family. I have no clue ...
  A: visit my website and download the "starting a payroll checklist: ...
quicken 2005 home premiere7/22/2005
  Q: When I go to back up my quicken file on my backupdrive, instead of writing over the old file it just ...
  A: Sorry for the delay, This request for information slipped into the grasp of my spam blocker and I ...
quicken 2005 home premiere7/22/2005
  Q: When I go to back up my quicken file on my backupdrive, instead of writing over the old file it just ...
  A: Check your preferences: From the Edit menu, select preferences Click on the Backup preference and ...
Doesn't show whole vendor list.7/18/2005
  Q: We have QB Enterprise Solutions 3.0 installed on three computers. When I view the Vendor list on my ...
  A: Sounds like a problem with the database. You may benefit from resorting all your lists. Change to ...
quickbooks quicken conversion7/11/2005
  Q: 1. We use Quickbooks Pro for Mac. Our bank purports to download a Quickbooks file. But, trying all ...
  A: 1. We use Quickbooks Pro for Mac. Our bank purports to download a Quickbooks file. But, trying all ...
Finance software7/10/2005
  Q: I run a very small computer repair business. I don't intend to get a lot bigger than I am, maybe ...
  A: Although you are a small shop, you have important tracking needed to ensure that you invoice the ...
Quicken Pro 20057/6/2005
  Q: I'm so frustrated with Quicken that I incorrectly identified it; I have Quicken Premier Home & ...
  A: If Quicken created an automatic adjustment in order to reconcile, you need to find the transaction ...