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?
Tag: Bookkeepers
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EDITOR'S NOTE: This article is now WAY out of date.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!
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