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accrual basis: QB Mac Sales Tax Reports Cash Basis vs Accrual Basis

You’ve got me here to provide steps on how you can toggle the accounting preferences on your Sales Tax Liability report.

You can always change the setting of an individual report by clicking Options in the report window and then selecting Accrual or Cash. To change your sales tax liability report settings please […]

Resolution for 'accrual basis issue: 'QB Mac Sales Tax Reports Cash Basis vs Accrual Basis' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'QB Mac Sales Tax Reports Cash Basis vs Accrual Basis', click the link below:

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accrual basis: Sales Report Issue

Sale by Item or Sales by Customer reporting is fine. Pay attention to Cash or Accrual Basis. If you want Orders, not Sales, that is different; you can filter on Posting Status = Non-Posting = SO only. If you want Posting Status = Both, you just Double-reported a whole lot […]

Resolution for 'accrual basis issue: 'Sales Report Issue' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'Sales Report Issue', click the link below:

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accrual basis: Open Invoices

Your existing File would have been fine to use. Either the program worked or it didn’t, and you know it worked.

If you are a Cash Basis entity, you can use Sales Receipt with the real info on it, when you know that the prior Invoice had income and perhaps Sales […]

Resolution for 'accrual basis issue: 'Open Invoices' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'Open Invoices', click the link below:

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accrual basis: How do I clear the customer’s AR account after a write-off/allowance entry?

Here is the mistake: “The allowance for doubtful accounts is setup a sub account to AR.”

You never use AR in QB with JE.

This is another mistake for QB: “I initially reserved for the bad debt by the following entry:

DR: Bad Debt Expense / CR: Allowance for Doubtful Accounts”

An allowance is […]

Resolution for 'accrual basis issue: 'How do I clear the customer’s AR account after a write-off/allowance entry?' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'How do I clear the customer’s AR account after a write-off/allowance entry?', click the link below:

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accrual basis: Cash Basis vs. “True” Accrual Basis

The only way to make QB use true accrual accounting is to use progress invoicing, where each month during the project you invoice for that months expenses + markup. The invoice sits open until the job is paid.

Since the client most likely wants a single invoice for the job, that […]

Resolution for 'accrual basis issue: 'Cash Basis vs. “True” Accrual Basis' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'Cash Basis vs. “True” Accrual Basis', click the link below:

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accrual basis: How do I remove zero balances from my A/R Aging that are a result of posted a JE to clear bad debts in desktop?

Well, the JE is the problem. You write off open invoices by using Credit Memos. At the top, there is the Icon for Apply to an invoice.

So now, you “did the math” bypassing the AR functions entirely.

“I have gone to Receive Payments and tried to Set Credits but only one […]

Resolution for 'accrual basis issue: 'How do I remove zero balances from my A/R Aging that are a result of posted a JE to clear bad debts in desktop?' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'How do I remove zero balances from my A/R Aging that are a result of posted a JE to clear bad debts in desktop?', click the link below:

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accrual basis: Can I move an expense to a previous month on cash basis without changing the check date?

If income taxes have been filed then nothing should change in the previous years accounting

If cash basis is how you file income taxes, then your accountant is wrong from a tax standpoint. Cash basis reporting means just that, the date the payment is made is the date it affects the […]

Resolution for 'accrual basis issue: 'Can I move an expense to a previous month on cash basis without changing the check date?' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'Can I move an expense to a previous month on cash basis without changing the check date?', click the link below:

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accrual basis: how do I assign ytd balances to a new location?

“Do you see any problems in doing this?”

A JE bypasses Cash vs Accrual basis; it isn’t used for entries where Names are also needed; you just bypassed Sales, and Taxes, as well.

Resolution for 'accrual basis issue: 'how do I assign ytd balances to a new location?' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'how do I assign ytd balances to a new location?', click the link below:

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accrual basis: How can I create an A/R aging report that shows specific products/services?

AR is a Balance process, or Generically, “They owe me this much.”

Sales = What you sold.

For instance, if you listed Labor and Materials on the same invoice, and I partially pay, the entire invoice is partially paid. There is no Only Open Labor for that invoice.

Sales Detail reports on Accrual […]

Resolution for 'accrual basis issue: 'How can I create an A/R aging report that shows specific products/services?' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'How can I create an A/R aging report that shows specific products/services?', click the link below:

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accrual basis: How can I use a credit from one customer division from previous years (2014!) to apply to another division’s job in 2017?

Don’t use JE at all, for customers or AR. That is bypassing Cash vs Accrual Basis, and not Linked.

You want to set up an Other Charge type item and put this on a Credit Memo for the Job needing the credit; put it on an invoice for the job having […]

Resolution for 'accrual basis issue: 'How can I use a credit from one customer division from previous years (2014!) to apply to another division’s job in 2017?' available: Yes.

The accrual basis issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual basis issue yourself by looking for a resolution described in the article. If it is a complex accrual basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual basis support options.

For more information about resolving issues related to accrual basis in Quickbooks/QBO or to get support for the issue 'How can I use a credit from one customer division from previous years (2014!) to apply to another division’s job in 2017?', click the link below:

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