This is a common annoyance affecting anyone using vendor discounts. It's an issue in Canada (not the US), and my hope is that it will be fixed in the near future! PROBLEM: When most users enter a BILL, they typically enter the information in order; in other words, the way QuickBooks guides you through entering… Continue reading Why doesn’t vendor discount show when I go to PAY BILLS?
Category: QuickBooks
I received a bill for GST only. How do I enter it?
Great question. And it has a very simple solution! Go to Enter Bills > Select Vendor > Fill out top portion as usual > Choose expense account (I use the one associated with the original transaction) and use G for tax code > Enter $0 for the amount > Enter the amount of the GST… Continue reading I received a bill for GST only. How do I enter it?
Get creative with a splash of QuickBooks account color!
Do you have more than one bank or credit card account? Have you ever entered a transaction in one of those accounts just to realize you posted it to the wrong account? Here's one way to reduce the chances of that happening. Change the account color to distinguish your accounts! Here's how to do it:… Continue reading Get creative with a splash of QuickBooks account color!
QuickBooks keyboard shortcuts you didn’t know about!
I love having ways to stay on the keyboard so I'm not continually going back and forth to the mouse. Which saves time! So instead of clicking on the little calendar icon, try out some of these keyboard shortcuts when you're entering dates. t ~ Today y ~ beginning of the calendar Year r ~… Continue reading QuickBooks keyboard shortcuts you didn’t know about!
GoPayment Canada has launched!
With the new GoPayment feature - and the iPad or iPhone - you can accept credit cards wherever you go. For swiped cards, the transaction fee is only 2.7%. There are no set-up fees, no monthly fees, no monthly minimums, and no commitments. And you don't have to have QuickBooks (or any other software) to… Continue reading GoPayment Canada has launched!
Didn’t receive a T4 or other T-slip? YOU could be the one penalized!
Still waiting for a T4? There's more reason to be concerned than simply not knowing the exact numbers. Read this excellent article, courtesy of CBC news. Tough tax penalty raises fairness concerns http://soc.li/2XQekNY
How do I handle a refund to a debit card?
As usual, there are a few ways to do this in QuickBooks. But here's a way that I discovered that works beautifully, especially if you're in Canada and dealing with GST. You're going to be entering a BILL CREDIT: 1. Go to enter bills. Select the radio button that says CREDIT. 2. Enter the vendor… Continue reading How do I handle a refund to a debit card?
Having trouble re-sizing your “Make Deposits” window?
If you've ever come across this problem, it can be so frustrating! But I discovered a trick that may solve the problem. NOTE: this applies only if you have the preference set to use multiple windows. Here's how to find that preference: Edit > Preferences > Desktop View | In the My Preferences tab, select… Continue reading Having trouble re-sizing your “Make Deposits” window?
Entering a CRA Hiring Credit for Small Business
Did you get a notice from the CRA that you've received a Hiring Credit? If you haven't already figured this out, here's an easy way to do it if you're using QuickBooks Payroll. The credit can be recognized as either Income or a reduction in your EI Expense account. I'm going to explain how to… Continue reading Entering a CRA Hiring Credit for Small Business
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