Canada has a QBO test drive file
I used my personal funds to make a purchase for the business. How do I enter this into QuickBooks?
Sometimes it happens that you need to use your personal funds for a business purchase. There's an easy way to get this entered into your QuickBooks data file whether you're using the desktop version or QBO. First, create a new credit card account. This account will be used to capture all purchases made by you… Continue reading I used my personal funds to make a purchase for the business. How do I enter this into QuickBooks?
What do to if your TD1 amounts are not updating in QuickBooks
Happy New Year! We're a few days into 2015, and I've come across several client files where the current Federal and Provincial TD1 amounts are NOT updating. This is a known issue in QuickBooks desktop and hopefully there will be a fix soon. First things thing. Please make sure you have the latest tax table installed in… Continue reading What do to if your TD1 amounts are not updating in QuickBooks
Don’t turn on multi-currency in QBO by accident!
QuickBooks Desktop to Online Conversion – Canada
Many Canadian ProAdvisors I talk to are excited about QuickBooks Online (QBO), but a common complaint has been that there is no conversion tool. EXCITING NEWS! It appears that the conversion tool is now available from right inside a desktop file. These are my early observations, as there isn't much information available on the tool… Continue reading QuickBooks Desktop to Online Conversion – Canada
The top 10 things you need to know about QuickBooks Online and GST/HST
EDITOR'S NOTE: This article is now WAY out of date. Intuit has made many improvements to the sales tax centre. Check back soon for information about a new sales tax course I will be releasing in February 2020! If you're just getting starting using QuickBooks Online (QBO), here are a few things to know about… Continue reading The top 10 things you need to know about QuickBooks Online and GST/HST
Brand new Canadian Cloud ProAdvisor Program!
This week, the brand new Cloud ProAdvisor program was announced in Canada. There are some innovative changes happening at Intuit, and this program is one of the most exciting! Here's what I heard about QBO, QBOA and the Cloud ProAdvisor Program at the launch event in Edmonton this week. What an honour to have guest speaker Michelle Long… Continue reading Brand new Canadian Cloud ProAdvisor Program!
Intuit VIP Summit 2013. Be inspired!
Just a few of the guests at last week's Intuit VIP Summit in California. Here are the international attendees from Canada, India, UK and Australia. Thank you to Margaret Carey for the photo! Last week I was honored and humbled to be invited to the Intuit VIP Summit in Mountain View, California. The event was… Continue reading Intuit VIP Summit 2013. Be inspired!
Intuit has relaunched the QuickBooks Community forum!
As of yesterday, it's new and improved! Well, at this point we can say it's new 😉 https://community.intuit.com/ There are nine 'topics' to choose from. The first six topics relate to the US versions of QuickBooks. The last three topics are specifically for QuickBooks Canada, QuickBooks UK, and QuickBooks en Español. If you're a regular… Continue reading Intuit has relaunched the QuickBooks Community forum!
Why is my previous QuickBooks GST/HST ‘File Sales Tax’ journal entry incorrect?
ISSUE: the journal entry that QuickBooks automatically creates when filing sales tax is not entered correctly. The most common problem is missing tax items. You may also see missing information on the memo line, and you may even see the tax items switched around. This happened to one of my clients this week. He noticed an… Continue reading Why is my previous QuickBooks GST/HST ‘File Sales Tax’ journal entry incorrect?