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business books: Business Loans paid by House Refi

Assuming the loans that were paid off were listed as liability accounts in the business books

debit each loan for the amount that paid it off
credit shareholder loan (liability account) for the total

Resolution for 'business books issue: 'Business Loans paid by House Refi' available: Yes.

The business books 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 business books issue yourself by looking for a resolution described in the article. If it is a complex business books issue or you are unable to solve the issue, you may contact us by clicking here or by using other business books support options.

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business books: How do i record donations of desks, computers and other business items to a non profit organization like “goodwill”.

It depends, are those items held as assets on the business books, and if so do they have a book value (cost less accumulated depreciation)?

Resolution for 'business books issue: 'How do i record donations of desks, computers and other business items to a non profit organization like “goodwill”.' available: Yes.

The business books 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 business books issue yourself by looking for a resolution described in the article. If it is a complex business books issue or you are unable to solve the issue, you may contact us by clicking here or by using other business books support options.

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business books: I use a cc for personal & biz When it’s biz I pay w/ biz acct & personal I take owner draw.I’m getting a company cc but for now, I need to record expenses & payments.How?

I assume the full balance on the CC is in the business company file

I pay the business expense total from the business checking

no problem

then whatever the remaining balance is, I transfer money from the business checking┬áto my personal checking (recording as an owner’s draw) and then paying the cc

This […]

Resolution for 'business books issue: 'I use a cc for personal & biz When it’s biz I pay w/ biz acct & personal I take owner draw.I’m getting a company cc but for now, I need to record expenses & payments.How?' available: Yes.

The business books 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 business books issue yourself by looking for a resolution described in the article. If it is a complex business books issue or you are unable to solve the issue, you may contact us by clicking here or by using other business books support options.

For more information about resolving issues related to business books in Quickbooks/QBO or to get support for the issue 'I use a cc for personal & biz When it’s biz I pay w/ biz acct & personal I take owner draw.I’m getting a company cc but for now, I need to record expenses & payments.How?', click the link below:

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business books: I have regular W-2 income from my day job and 10-99 income from my business Do I create 2 charts of accounts or do I simply need to create more accounts?

the w-2 is a personal thing, it does not affect, nor should it be included in the business books,

when you file taxes there are two entries, one for w-2 earnings on the form 1040 and you include a copy

and schedule C for the business (assuming a sole proprietor)

the 1099 you […]

Resolution for 'business books issue: 'I have regular W-2 income from my day job and 10-99 income from my business Do I create 2 charts of accounts or do I simply need to create more accounts?' available: Yes.

The business books 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 business books issue yourself by looking for a resolution described in the article. If it is a complex business books issue or you are unable to solve the issue, you may contact us by clicking here or by using other business books support options.

For more information about resolving issues related to business books in Quickbooks/QBO or to get support for the issue 'I have regular W-2 income from my day job and 10-99 income from my business Do I create 2 charts of accounts or do I simply need to create more accounts?', click the link below:

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business books: How do I claim a proportion of an expense as a business expense after I have entered the entire receipt?

in your business books you record the full amount of meals and entertainment

at tax time there are requirements for tax-only treatment, 50% etc

You should check with the CRA about the requirements for recording business use of a personal car, our IRS requires as the minimum, date, from, to, starting and […]

Resolution for 'business books issue: 'How do I claim a proportion of an expense as a business expense after I have entered the entire receipt?' available: Yes.

The business books 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 business books issue yourself by looking for a resolution described in the article. If it is a complex business books issue or you are unable to solve the issue, you may contact us by clicking here or by using other business books support options.

For more information about resolving issues related to business books in Quickbooks/QBO or to get support for the issue 'How do I claim a proportion of an expense as a business expense after I have entered the entire receipt?', click the link below:

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