Let’s stop using Debits and Credits.
You have Customers. You want to use Customer Names on Customer Transactions.
Per your Numbers…
1. Make a New Bank account AND a Liability account AND an Other Asset account.
Set up an Item, such as Other Charge, linked to Liability. Name it Client Trust Liab […]
Resolution for 'Brokerage issue: 'Specific Transactions for Real Estate Brokerage Trust Account' available: Yes.
The Brokerage 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 Brokerage issue yourself by looking for a resolution described in the article. If it is a complex Brokerage issue or you are unable to solve the issue, you may contact us by clicking here or by using other Brokerage support options.
For more information about resolving issues related to Brokerage in Quickbooks/QBO or to get support for the issue 'Specific Transactions for Real Estate Brokerage Trust Account', click the link below: