Thanks very much. I hope there's a video showing what next to do

Do you know how Quickbooks Sales Tax compares to other tools like AvaTax? We have been having big issues with AvaTax disconnecting and even calculating using the wrong sales tax rate. Would be interested to know how this compares.

Can we do the same with bills

The explanation above, is it bookkeeping or accounting? I'm a little bit confused

Can you help me how to download all of my statements in QB. Somehow it only shows the month of October to reconcile.

I have a business and also like to use QuickBooks for my personal financial matters. Does that mean I should sign up with the program that allows for 2 users?

Hi Hector, Hope you are doing well. I am sorry to bother I have a quick question, the company i work for, we have partnered up with connecteam, and use Quickbooks Desktop 2024 for our Accounting. I was wondering, is there a way we can upload timekeeping data in the payroll part of quickbooks instead of the timesheet part? I am a project manager, our bookkeeper mentions that going through the timesheet part is not correct, I guess they are currently punching in the hours manually per employee at the moment. Maybe you have some information on where I can find on how to build a correct template, or what the correct approach would be here? Thanks!

When the FICA taxes are paid. Are the employee and employer portions combined and paid or are they paid with separate payments? Also, does the balance sheet show the balances of all the income tax payable accounts?

how to setup barcode for group product? When group is created, a new barcode is asked but the products can also be sold separately.

I'm kinda confused does Intuit itself offer a cert if I just want a bookkeeping job? And not to start my own business?

FANTASTIC!

Hector, I love your longer training videos!! You do an amazing job and cannot thank you enough for providing this content free of charge online for those of us that are doing things on our own or for smaller organizations that are non-profit and need help. Thank you again!!!

I like the details in the long tutorials

Como puedo ver esto en español? Estoy en USA pero quiero verlo en español

Hector i have a question: i have physically marked every transaction on my bank statement, they are all marked, nothing is missing in bank or in quickbooks, beginning and ending balances are correct, did mark transactions in reconciliation window 3 times! And balance of reconciliation shows i am missing $660!!!! Although i see this kind of amount, its in quickbooks and its in my statement but quickbooks unable to reconcile showing missing that exact amount!! My statement is huge 16 pages. Hector i did it 3 times and ended up the same. Can you please please advise what could be the problem

I own a brewery that invoices my pubs for beer. No money exchanges place. But i have open invoices in quickbooks for my pubs and it QBO shows i'm owed thousands of dollars. What is the best way to marked these invoices as "Paid"? QBO support recommended i make a credit memo and mark them paid. I think my previous bookkeeper was just doing a JE to wipe them out.

hello hector do you have the quickbooks online tutorial for ecommerce now in 2024?

Hi Hector. I find your videos extremely helpful but I cannot find a video based on my particular problem and was hoping you could help me. My balance in quickbooks is correct and up to date and matches balance from the bank, but I am missing bank transactions and they are not in the "to be reviewed" tab and I am afraid to download the missing transactions from my bank account as it may mess up my correct bank balance. I hope I explained that the right way for you to understand. Can you help me with this problem?

What happens when we receive vendor invoices late, examine we are in november and the invoice is dated october? Should i put the date received or the exact invoice date? Does affect the closing months?

is Perplexity just on pro?

To the novice, QuickBooks is quite involved and compartmentalized. For that reason longer format tutorials are the quickest way to grasp QuickBooks. Short videos give glimpses into certain specific areas but provide little context to the overall structure of QuickBooks and how everything is related. So although it may sound counter intuitive to suggest the longer videos are a quicker way to learn, they are in fact much more efficient....and yes, you will have to watch them a few times.

Great webinar! Is there a way to run a trial balance by class or other segment?

Thank you so much for this video. Very very helpful! Otherwise, I’ll be wasting hours and hours figuring out why the contractors I set-up never showed up in my report.

Is there a video or could you make one that also describes the correct way to reverse or undo the process if entered in error?

How about the tax you didnt put on the invoice

I was today years old when I learned if you use the QBO provided COA template to import a COA with sub accounts into QBOA, you DO put a space after the colon and the sub account name: ie: Payroll expenses: Wages BUT when using the journal entry template provided by QBO to import a Journal Entry using that SAME account, there is no space in the account name Payroll expenses:Wages 🤯

Hi Hector, am a great fan you. Thanks for all the help you are spreading through you tube. I have a question, am from Ontario, Canada. Do you have IIF file for Sales Receipts with 13% GST/HST.

Wow, this is amazing! Thank you, really informative.

Great video, but...how Turn On Payroll in QuickBooks for Mac?, It's not the same

Hi Hector, thank you for a great video! It's really helpful. However, I am having trouble categorizing sales. I need to prepare a report based on the sales channel. Can I create and categorize it by Store? I don't have the 'Classes' option in my QuickBooks. Also, is it possible to assign a class to not specified transactions related to bank deposits for sales?

How to add VAT Tax on on total invoice value instead of per item

I hope this will be the opening for a viable product to compete with Intuit

Excellent presentation Mr Garcia, very much appreciated!

Hi Hector What account do I setup Worker Compensation Expenses or Cost of Good and Tax-Line mapping?

Can we create a TEST client to learn more about Ledger

Hi There! Is there a way to apply job costing and attach receipts when I upload transactions from a file? I manually enter everything currently because most expenses I book require a corresponding receipt be attached and be allocated to a job.

As an individual bookkeeper managing 8 LLCs, 10 trusts and one large individual account for the past nearly 17 years, I am concerned that transitioning to QB online will be a daunting task. There is a huge amount of history (particularly for the LLCs) that would need to be transferred to QBO and I’m concerned about a partial transition of data. My questions: #1 Do I need to be concerned about the history for more than 7 years as long as I have the physical records/tax returns? #2 Does QBO allow conversion of a specific time period-like 7 years-or only 1 or 2 years? Thank you so much!

i enjoyed completely the video and it gives clear understanding of the process in the quick books thank you very much !!!

How we could deal with the hourly time that we added to project that it’s not posted to profit and loss since we run the payroll with different company!?

Could you please tell us how to deal with the profit and loss for time are not posting if we run payroll outside QuickBooks !?? I spend many hours to figure out but no outcomes!?

I have been watching all your videos and I am very impressed with your method of teaching, and it is very helpful to me and I'm sure to many others. There is one thing I have been trying to figure out with regards to billing a customer and trying to clear the area where the prior credit payment pending does not show, all I would like for the invoice to show is the balance due not the credit applied, I say this because we have many international customers that do not understand certain ways of how payments are applied especially when it's several payments and billing is in partials. I hope you can help with this situation I have tried contacting QB but it is not easy to speak with them. If you cannot help, I still want to thank you and I appreciate you~

When I open Preferences and then go to Items & Inventory it doesn't show the enable barcode scanner...can you help me?

Hector Thanks for the video, we have QBO Plus how we need to deal with non posting time to profit and loss we run the payroll with different company ? Do you think we need to expense the time to non payee for Cost of labor to COGS as manual and stop using the time entry or creat deferent service Internal labor cost ? Please help 😊

Having longer video should depend on the content. True it's better to be more in-depth but making it too long when it's not necessary can consume a lot of time. I say just stick to the topic and teach it thoroughly with the length you feel appropriate. Also HOT CHICKS is definitely a strip club. (definitely have been there and definitely not joking)

This was a great video. Thanks for the excellent information and well-delivered content. Exactly what I was looking for.

Always fill in the customer field, always.

I use Quickbooks Online, and my issue is there is no easy way to edit a whole bunch of EXISTING customers at once, because if you edit an existing customer and try to import it, then QBO will not take in the information because it sees it as duplicate.

Very informative Hector - thank you! Question... I'm cash basis. When I add a negative retainage amt to an invoice, it correctly shows on my balance sheet, however my P&L reflects the full amount of the invoice, even though the retainage amt has not yet been collected. What am I missing? Example: I invoice for a Contractor Fee (Income Acct) of 10%= $1000 with a second line item of Retainage Receivables (Other Current Asset Acct) of -$100, so total invoice is for $900. Customer pays total invoice of $900. My Balance Sheet shows Retainage Receivables of $100 owed to me. My P&L shows $1000 of income, not $900. My preferences are set to Cash basis and the P&L report is also set to cash basis...??? Thanks so very much - your videos are great and I truly appreciate your help!!

Would you consider going through the Profit & Loss more slowly and add more accounting information like why you are using the Profit & Loss? It would be very helpful for a beginner bookkeeper

Thanks for the insightful presentation