I hate QuickBooks online so much that I am thinking about turning off anything that is automatic like Bank feeds. I have been using Quickbooks desktop for 30 years with no issues.
Is anyone else using QuickBooks Online like this?
We use Toast to prepare our payroll. I then prepare a journal entry in QuickBooks online and then match it to the bank feed.
Cannot figure out why there is a payroll journal entry from February that is hanging out. Unreconciled. Did I miss a match? If I market reconciled of course, my bank balance is off. How do I fix this?
I am not a fan of QuickBooks online and I would like to turn off all matching and Bank feeds and just do it manually.
We only take inventory once per year at the end of the year. When we purchase beer, we credit cash and debit purchases-beer. So is my entry then credit to beer inventory asset account and a debit to?? I've already debited the purchases account when we purchased the beer
Wouldn't that be double dipping to debit the beer purchases account again?