Journal Entries | Forum profile

( No problem Leslie, glad to help, To answer you last question, I would write the entire check using the "loan" account - don't try to do the split here. Then as I mention above, make a General Journal Entry to reclass the Interest portion for the month. Go to Company > Make General Journal Entry. Debit Interest Expense Credit  Loan account Donna , class="postsignature...

( Set up a current asset account \(Prepayments\). Write the check\(s\) into this prepayments account. At the time when you want to expense them, you will need to make a journal entry: debit the expense account and credit the prepayment account. Reka , class="post_actions inline_edm"> Type of Abuse Abusive behavior   Inaccurate information   Other \(add details below\)   Add Details Report Abuse   )

( Hi Dancer45, I believe you need Enterprise Solution to have more specific restrictions. If this helped you, please mark this Solved so Intuit can close this thread. Thank you, Dancer45. Laura Kaniuk , class="post_actions inline_edm"> Type of Abuse Abusive behavior   Inaccurate information   Other \(add details below\)   Add Details Report Abuse   )

( There are several ways, I find this the easiest. Create a bank account called cash.  Enter the bills using this account. When done the account will have a negative balance. Enter a deposit on the register and in the account block use owner equity, or owner equity investment and have the deposit equal the negative balance - that zeros it out in the cash bank account. , class="postsignature inline_edm"> My QB...

( No, there isn't a way.  The numbers need to be in the IIF file or are used based on the next number in Quickbooks, depending on your version. , class="post_actions inline_edm"> Type of Abuse Abusive behavior   Inaccurate information   Other \(add details below\)   Add Details Report Abuse   )

( That represents the date the transaction was either entered or last modified.  , class="postsignature inline_edm"> Monique Colver Certified QuickBooks ProAdvisor www.colverbusinesssolutions.co... monique.colver@gmail.com , class="post_actions inline_edm">   Type of Abuse Abusive behavior   Inaccurate information   Other \(add details below\)   Add Details Report Abuse...

( Donna...   Got it.  Thanks!  I think I am making it more complicated than it needs to be too.... Sometimes I can't see the forest for the trees!  Leslie , class="post_actions inline_edm"> Type of Abuse Abusive behavior   Inaccurate information   Other \(add details below\)   Add Details Report Abuse   )

( What do you mean?  If you have established a job as a subaccount of a customer, you would use that when selecting customer/job to charge. , class="post_actions inline_edm"> Type of Abuse Abusive behavior   Inaccurate information   Other \(add details below\)   Add Details Report Abuse   )

(   Me and my partner started a business, we didn't't get any bank loans except for his investment and from family and friends which was cash. Which we opened a business account to deposit the money and items we needed were purchased by writing a check. These are to be paid off with in 3 to five years. We purchased our store front sign, computers, phone, fax, practically everything new, however the racks were purchased used,...

( how do you enter and track bills and expenses that have already been paid?!?!  I read that it is suggest that a cash expense be made as a journal entry.  Will this journal entry keep track of all expenses so a report can be generated showing the accumulated expenses throughout the year? For example, vehicle/maintenance supplies are often purchased with cash or paid by debit card but need to be recorded as an...