Common error of QuickBooks and solution how to fix them
QuickBooks is the accounting software which provide many services to the user including financial services, it is developed by Inuit Company which is situated in California. It is helpful in business management and in Financial Activity such as Sales, Payroll, Inventry etc.
List of some common errors or mistakes in QuickBooks and its Solution Here we provide the list of some common errors occurred in QuickBooks and provide there easy solution with few steps Sales tax Preference Tax are not Set How to set sales tax preference First go to the edit option then preference->Sales Tax ->Company Reference -> Owe sales tax, and now you have choices so you may choose any one of them as of invoice date or Upon Receipt of Payment. For further inquiry contact QuickBooks Support. Accounts are not Reconciling First make sure that business account is registered correctly, and then account must have to reconciled. Reconciling of account may includes checking and savings accounts, taxes, loans etc. How to reconcile an account First you open banking section ,after opening click on reconcile option -> mention statements dates and end balance in your account,when checks and payments column are completely checked for every item , then there should be a zero value is showing in the right corner at the bottom of screen. Without entering bill you can write a check When any bill is arrive in a business to pay, owner may use the write check feature for paying bill but it is not the correct way, firstly owner of the business should makes entry of that bill in the entry bills window through which account payable I created. After this go to pay Bills option and highlight the bill which one you want to pay first. This all procedure take care of the account payable to both vendor and owner and it also helps you to manage your cash flow within QuickBooks. If you are facing any problem or stucked in any issue then contact us through Intuit Quickbooks Support P&L and Balancesheets are not continuily Reviewing P&L and balancesheets both are important factors within any scale of business, which shows the health of the business and give the important information about the business, so both of them can be reviewing properly in a routine manner which may helps in your business growth and upcoming mistakes and errors within business. If you have any trouble while using then Contact QuickBooks Technical Support. |