correct accounts

correct accounts Online Support >

correct accounts: Struggling to get correct income statement reporting (accrual basis / US GAAP) for my e-commerce business

 I think that it should be $100 in revenue and $3 in OpEx (for the Stripe fee) and the $97 should be on the balance sheet…all of the above for the period in question.

You are correct, and the 97 will also show on the P&L as net profit

QB does what […]

Resolution for 'correct accounts issue: 'Struggling to get correct income statement reporting (accrual basis / US GAAP) for my e-commerce business' available: Yes.

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

For more information about resolving issues related to correct accounts in Quickbooks/QBO or to get support for the issue 'Struggling to get correct income statement reporting (accrual basis / US GAAP) for my e-commerce business', click the link below:

Details

correct accounts: How to get closing costs to be added to loan account?

You need to do a journal entry that puts the closing costs in the correct accounts. You may just want to set up an expense account called Loan Closing Costs.  Then when whoever does your books at year end sees it they can ask for the information if they need […]

Resolution for 'correct accounts issue: 'How to get closing costs to be added to loan account?' available: Yes.

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

For more information about resolving issues related to correct accounts in Quickbooks/QBO or to get support for the issue 'How to get closing costs to be added to loan account?', click the link below:

Details