Be sure to LIKE and SUBSCRIBE...and leave your comments and questions here!
@joseserrano37362 жыл бұрын
I am so glad we run into these videos. The information is so helpful. Thank you
@QbuniversityOrg2 жыл бұрын
Awesome! You’re welcome!
@joseserrano37362 жыл бұрын
I have a question, if you do any type of improvements to a property (llc) using money that the owner lend to the llc. How do you record this transaction? I already recorded the loan as equity then moved the money to a llc savings account (transfer) but move the money back (transfer) to pay for the construction expenses. please let me know Thank you
@QbuniversityOrg2 жыл бұрын
@@joseserrano3736 once that money is in there you just record expenses and money spent on assets like any other business expense
@graceyim29413 жыл бұрын
Thank you and have a nice day. You have lifted a big weight off my chest. Sending you a lot of ❤.
@QbuniversityOrg3 жыл бұрын
Welcome!
@graceyim29413 жыл бұрын
Thank you. I have more understanding now.😁
@QbuniversityOrg3 жыл бұрын
@@graceyim2941 welcome!
@mrubio32210 ай бұрын
My goodness this was so easy, I made it more difficult in my head, thank you for educating me. So appreciate it.
@Mrsdevsgirl2 жыл бұрын
I always come back to your videos to learn. Thank you.
@QbuniversityOrg2 жыл бұрын
Thanks!
@37malfred2 жыл бұрын
Thank you so much. You make this so easy!
@QbuniversityOrg2 жыл бұрын
You’re welcome!
@AmyBlair-wy9vb3 ай бұрын
The exact info I needed! Thanks!!
@QbuniversityOrg3 ай бұрын
You’re welcome!
@surfacesystems7427 Жыл бұрын
Very helpful. Thank you for this video. I need to follow you since I have many Desktop issues that come up.
@QbuniversityOrg Жыл бұрын
Awesome, you’re welcome!
@Socheatkhusa7 ай бұрын
Thank you for the lesson. you help me solved a lot of issues.
@QbuniversityOrg7 ай бұрын
You’re welcome!
@user-sb6nh7uk2v Жыл бұрын
straightforward and helpful. Thank you
@QbuniversityOrg Жыл бұрын
You’re welcome!
@17eroses9 ай бұрын
Your videos have been so helpful!! I am a newly appointed secretary in a church and was given instructions by the out going lady, however there is so much she did not cover. Currently I need help with an account number for a person's paycheck. The number is not correct and it keeps recording in the wrong place. I watched you video on transferring funds and will work on that, however how do I correct the entry in payroll so the check is recorded corrected. Thank you so very much!!!
@joserossman8332 ай бұрын
Thanks for your video. Would this also apply to when you transfer balances from one credit card to a new credit card? Would I just set up the new credit card in quickbooks and then transfer? Thanks.
@QbuniversityOrg2 ай бұрын
Yep that works!
@cherylprice5118 Жыл бұрын
Thank you for this video! Would this technique work for transferring money from an investment CD that ended (6 month CD) to the new CD that opened?
@QbuniversityOrg Жыл бұрын
It absolutely will!
@kathygism Жыл бұрын
Do you have a video on transfer fund between two company files? Thank you very much for your videos :)
@QbuniversityOrg Жыл бұрын
Yep watch this kzbin.info/www/bejne/n6iWiIiQfrKKhac
@joemcguire9714Ай бұрын
Thanks for your amazing material. Quick question: Do you provide 1/1 consultation services? (via video call) I just started a bookkeeping business, and I don't want to make mistakes with my first client. My transfers are not clear on the balance sheet I need help with that. Thanks
@plazawellspring8202 жыл бұрын
So easy. Thank you!
@QbuniversityOrg2 жыл бұрын
You’re welcome!
@norcellynekabongo2028 Жыл бұрын
Thank you so much, i would like to know if it s possible to transfer funds from one class to another. If yes, how can i do that
@QbuniversityOrg Жыл бұрын
Yes, to do that you would need to do a journal entry. And class each line of the journal entry to the classes you want to take away from and go to.
@judykco12 жыл бұрын
Thank you so much. Great video. 🙂
@QbuniversityOrg2 жыл бұрын
You’re welcome!
@user-yf3gg6du7c6 ай бұрын
Thank you for this video! Very helpful on making the banking transfer. However, I am unsure on how to direct the funds into a specific class once I've received them into the correct account. I followed your directions to add the class in the "banking transfer" but it is not showing in that class. Help! Thanks. We do EVERYTHING by class.
@DanielWorley-nk4nb27 күн бұрын
Did you ever figure this out? I'm having the same issue.
@terrimcmullen8062 Жыл бұрын
Thank you for your videos! They are well done and so easy to understand. We are a preschool that awards scholarships. The "fiscal budget" allocates a certain amount to be used for this. The person before me set up a fund under the main checking account in the Register to track the balance available. How do I place each year's allocated funds into the Scholarship Fund without looking like we had a deposit in the main checking account?
@alexismollet67519 ай бұрын
How would you go about labeling a bank transfer within the bank feeds center
@QbuniversityOrg9 ай бұрын
Put the account to the other bank account
@gabyperez1762 Жыл бұрын
Nice. Thank you. What about if my boss writes checks from one company "A" with bank AcctXX250 to another company "B" BankActXX320. Can I register those transactions as a"Transfer" ???
@QbuniversityOrg Жыл бұрын
This video should explain it: kzbin.info/www/bejne/n6iWiIiQfrKKhac
@accountsbookkeeping540 Жыл бұрын
If we have two legal entity and we have wrongly deposit to wrong LE, if transfer like you asking in the video how can see in income and how we clear the invoices against the payment we received
@QbuniversityOrg Жыл бұрын
Watch this I think it’ll help kzbin.info/www/bejne/n6iWiIiQfrKKhac
@NevadaTelecommunicationsAssn7 ай бұрын
Hi - Great video - thank you. BUT....I have Bank feeds set-up. It shows up in my bank feeds but it won't let me assign the from acct, in this case savings. So how do I deal with that?
@QbuniversityOrg7 ай бұрын
I would go in and record the transfer like in the video, and then you should be able to match the bank feed to the transaction
@NevadaTelecommunicationsAssn7 ай бұрын
@@QbuniversityOrg Thank you!!!
@QbuniversityOrg7 ай бұрын
Welcome!
@GordonJohansen3 жыл бұрын
Great explanation as usual.
@QbuniversityOrg3 жыл бұрын
Thanks!
@melaniemarshall-park79492 жыл бұрын
Thank you!!!
@QbuniversityOrg2 жыл бұрын
You’re welcome!
@MarieMiller-qd6ox7 ай бұрын
When doing a funds transfer is there a way to add a note that would show in my bank reconciliation?
@alexismollet6751 Жыл бұрын
Is there a way to code a transfer from the bank feeds waitlist area?
@QbuniversityOrg Жыл бұрын
Yeah definitely. Just put it to the other bank account for the account
@whitneyanuwe32192 жыл бұрын
Thank you so much for your video! This was exactly what I needed. I am not familiar with QBD like QBO where you can easily record a transfer from the bank feed and then it matches to the transfer transaction that was already in the bank feed. So if I create a transfer fund as you've shown in the recommended way is there another step I need to take care of, such as matching to the transfer transactions in the bank feed of each account being transferred, after making that transfer of funds? I hope this is clear enough. When I open my bank feeds I have transactions that are coming in from the bank statements and say "transfer from account 1234 to 5678". Do these get matched to the transfer funds we create, or what happens to them? That is what I'm not clear about.
@QbuniversityOrg2 жыл бұрын
Yep that’s exactly right. Make the transfer then if you use bank feeds in QBD you would match it
@user-oq6rx9lz7r Жыл бұрын
Thank you so much for this video. Does this method transfer money from your bank in real time or the transfer only happens in quickbooks? I want to transfer money in real time from my savings to checking. How should I do that ? Also how long does the transfer take if its possible to do it ? Thank you
@alangreenleaf59458 ай бұрын
How do you actually make tot transfer? With a check? And what accounts do you put in for the check?
@mikeporcosr4 ай бұрын
hi enjoyed your video, I have a dilemma, could you help? I made a journal entry for a truck purchase, Debit Fixed Asset credited Liability. But the monthly payment is coming from outside my business account. When I add a memoized credit to reduce the liability it gets applied as a minus amount to the vendor. can you help? mike
@QbuniversityOrg4 ай бұрын
Since it’s paid outside the company you would need to debit the liability and credit an equity account
@WorldPain45 ай бұрын
How do you add rounting numbers in into a account that your transferring funds to?
@QbuniversityOrg5 ай бұрын
In QB you don’t need it. Doing the transfer in QB only transfers amounts in QB. You still have to do the transfer at the bank
@jaclynkoo7752 Жыл бұрын
I have two companies and from time to time I need to transfer ( barrow) money between the two. I assume its the same but will I create a bank for that other company so I can show where the funds went?
@QbuniversityOrg Жыл бұрын
Watch this. It should help: kzbin.info/www/bejne/n6iWiIiQfrKKhac
@alisonryan-landon97685 ай бұрын
How to transfer from a corporate account to buy T bills and then have it come back to the corporate bank account?
@QbuniversityOrg5 ай бұрын
You’d have to create an asset account for the T bills. Transfer to there then back when the money comes back
@jaimealbaugh58822 жыл бұрын
I need to show breakdown details on the transfer of which line/category the various parts of the total amount are allocated from for payroll tax liabilities. How do I breakdown the details on a transfer from checking to a savings account?
@QbuniversityOrg2 жыл бұрын
Unfortunately with the transfer function you won’t be able to do that. You would have to do that through a journal entry
@bobdonovan22 Жыл бұрын
In an example, if I transfer funds using quickbooks, say $200 from Checking1 to Checking2. Then I assume I must also go to the online banking system and perform the transfer there as well $200 from checking1 to checking2. What happens in Quick Books when it syncs with the bank accounts and finds $200 less in checking1, and $200 more in checking2? Are there additional steps to perform in QB? For example is there a match function that matches this to your transfer record in quick books?
@QbuniversityOrg Жыл бұрын
Yes exactly. In the bank feeds you would Match these trabsactions
@DeannaBacklund2 ай бұрын
Can transfers be reoccurring? Scheduled
@QbuniversityOrg2 ай бұрын
Yes just memorize the transaction
@sandywilcox90192 жыл бұрын
Your videos are very helpful. I have a more complicated issue. We have our two separate bank accounts in different quickbooks files. So we have to log into each one independently, they are not connected. How would I make transfers between two totally separate files?
@QbuniversityOrg2 жыл бұрын
If these are separate businesses then you can create Due to/Due from accounts and record them there
@analizaedwards44292 жыл бұрын
@@QbuniversityOrg can you be more detailed or even make a video for that please? Lol
@sandywilcox90192 жыл бұрын
@@QbuniversityOrg What type of accounts would those be?
@leticialarios11722 жыл бұрын
Good video, This is going to be in reconciliation?
@QbuniversityOrg2 жыл бұрын
Yep!
@perniculous2 жыл бұрын
Thanks for all the information you share here! I am switching banks, and I want to write a check to the new bank to avoid an ACH fee. The "write checks" window shows expenses and items. I'm just confused how I can make this money transfer with a printed check.
@QbuniversityOrg2 жыл бұрын
Put it under the expenses tab and simply make the account the new bank account
@perniculous2 жыл бұрын
@@QbuniversityOrg awesome, thanks, kudos, grazi
@QbuniversityOrg2 жыл бұрын
@@perniculous welcome!
@perniculous2 жыл бұрын
@@QbuniversityOrg Hmmm. Another question I thought of. To write a check, I will have to create the new bank as a "Vendor." So I write a check to the new bank "vendor", then put the bank account in the expense account. Wouldn't this throw out of whack our expenses? Meaning increase our expenses when it's just a transfer. You see I can't do an online transfer from old to new bank, so I'd have to call my business banker and I don't to tip my hat that I'm switching yet.
@zackhonig8292 Жыл бұрын
How do you record a transfer should the post dates be different? For example, 1 bank account shows a fund transfer on 01/13. The other bank account shows the same exact fund transfer on 01/17.
@QbuniversityOrg Жыл бұрын
It’s fine just doing them both on the 13th
@BJenniffer2 жыл бұрын
My QB2022 does not have the class option. Can I add this to mine?
@QbuniversityOrg2 жыл бұрын
Have you go in to Preferences and turned on Class Tracking?
@lauramelendez7120 Жыл бұрын
I have question… I have QB enterprise… i have 10 stores in quick books. We have one store as the main account. When my boss transfer money from one store to the “main “ store I typically enter it as a transfer. But then… that transfer money needs to be applied to outstanding invoices. These invoices are created when we need to replenished the sub stores with inventory. Can you please direct me on how to do this
@QbuniversityOrg Жыл бұрын
You should be able to change the Pay From account when you pay bills to change it to the account being used.
@michaelcampbell23903 ай бұрын
My good sir, in the QuickReport option for both accounts, why is the transferred amount shown as a negative?
@michaelcampbell23903 ай бұрын
Even in the account that it was transferred to
@gabrielchristopher93632 жыл бұрын
Thank you sir, very great video. Please when is it appropriate to use "Make Deposit" ? Or can we use the Make Deposit when a weekly or daily sales cash is being taken to the physical bank for deposit by the sales representative or staff ? Because I feel the Make Deposit has a field where the depositor(employee) or whoever name can be plugged in. Thank you in advance.
@QbuniversityOrg2 жыл бұрын
Yes the Make Deposit function is usually used to deposit money from Undeposited Funds to your bank account. It can also be used for other deposits as well that are not associated with the payment of an invoice or sales receipt
@gabrielchristopher93632 жыл бұрын
@@QbuniversityOrg Okay sir, thank you sir!
@QbuniversityOrg2 жыл бұрын
@@gabrielchristopher9363 welcome!
@deangarrett61082 жыл бұрын
How do I correct the date of a transfer of funds? ex. transfer in the bank was May6 but QB date was May1... How do I correct this?
@QbuniversityOrg2 жыл бұрын
Pull up the transfer on your screen and simply change the date
@nicholascumberbatch9357 Жыл бұрын
Im migrating from Microsoft Money to QB Desktop. How can I import Microsoft Money file into QBD
@QbuniversityOrg Жыл бұрын
Honestly I’m not sure. I have never tried that
@davidklenk52533 жыл бұрын
Have you done a tutorial for processing inventory in Quickbooks Desktop Premier?
@QbuniversityOrg3 жыл бұрын
I have done a few and can do more. When you say process inventory is there a certain aspect you are thinking of?
@davidklenk52533 жыл бұрын
@@QbuniversityOrg I have a woodshop where I make custom furniture and a small product line. I have been in business for many years. I have Quickbooks Premier Desktop 2021. I need to set up and implement an inventory system for the materials I have on hand and also as I do more batches of product, instead of one-off custom jobs, a way to track inventory costs so I can calculate cost per unit. Any help would be appreciated. Your videos have been a big help in setting up my bookkeeping. Thanks.
@QbuniversityOrg3 жыл бұрын
@@davidklenk5253 gotcha. For the one off items do you just buy what you need and make it so you don’t really have inventory, just job costs? And for the other production type items you carry an inventory?
@tfernuik7 ай бұрын
Dang, I entered checkbook entries for 7 months into the wrong bank account. How can I correct that without deleting every entry and then re-entering into the proper bank account?
@QbuniversityOrg7 ай бұрын
Hmm I’m not sure you can. You MIGHT be able to get a 3rd party software that can import. But it may have to be manual
@alexanderreig28042 жыл бұрын
Hi thanks for your videos. Can be this option used to transfer from my company checking to my personal checking as my payment?
@QbuniversityOrg2 жыл бұрын
No to do that you would have to enter as a credit in the check register and put it to Owner Distribution
@alexanderreig28042 жыл бұрын
@@QbuniversityOrg Thank you very much for your quick response! Helpful
@shenamedley97842 жыл бұрын
Is there a way to change the downloaded transaction from bank feeds to a transfer?
@QbuniversityOrg2 жыл бұрын
Just change the account it’s going to. So if it’s a checking bank feed and there a deposit of $1,000 but it’s a transfer from savings, change the account to Savings.
@marylang-xf1ir Жыл бұрын
Can I transfer funds for a transaction in one account (savings) that pre-dates the opening of the receiving (checking) account and keep the register chronological?
@QbuniversityOrg Жыл бұрын
I don’t think you could do a transfer through the transfer function in QB since it would be the same date. You would have to show it coming out of savings on one date and depositing to checking on anothrr
@counciltreasurer40372 жыл бұрын
This doesn't work when transfer from checking to designated funds which is categorized as liability. Can you help me with this scenario? The deposit all came to checking but some should have been placed in mission designated category to be available for payout.
@marybianchetti76422 жыл бұрын
Our Habitat affiliate has separate bank accounts for principal and escrow payments. Our escrow company deposited escrow money into the principal account and visa versa. I can transfer the funds as you described but then how do I record the proper payments for each homeowner?
@sheilamularz7986 Жыл бұрын
I just tried the simple way to transfer. I took from checking to a liability. The transfer shows out of bank account but also out of liability instead of adding to the balance. What am I doing wrong? Please help
@QbuniversityOrg Жыл бұрын
A transfer from the bank to a liability means you are paying the liability which will reduce it. What are you trying to do?
@catananzilandscapingconstr9362 жыл бұрын
How do I transfer deposits from savings to checking? Is it done the same way? I accidently added payment deposits into savings instead of checking.
@QbuniversityOrg2 жыл бұрын
Yep
@catananzilandscapingconstr9362 жыл бұрын
@@QbuniversityOrg Genius!!! Thank you!
@QbuniversityOrg2 жыл бұрын
@@catananzilandscapingconstr936 welcome!
@julioluna299 Жыл бұрын
Do I need to record a joint venture agreement account in qb if I am the partner and contractor on this venture but the original loan is under my jv partners business name? Or should I just record it as another job, keep in mind the profit for this job will be a little more than the average job. There is a hard money lender involved but my company name is only in the separate jv agreement and lender knows my company will be the one remodeling this house. I want to make sure to correctly manage the expenses and contributions as I will be the one making the interest payments on this jv loan. Any assistance is appreciated.
@sreykhmao102 жыл бұрын
How do I record a transfer transaction from A to B account, and then transfer from B account to owner funds?
@QbuniversityOrg2 жыл бұрын
You can do a transfer like in the video for the first one. On the second on you would have to enter it directly in the check register as a shareholder draw
@JogilB2 жыл бұрын
Can I use this exact way to do it if someone wire transfered me from their bank account to my chequing account.
@QbuniversityOrg2 жыл бұрын
No this is only for internal transfers between your accounts
@dawnarcieri12936 ай бұрын
how do you record a transfer when you are physically writing a check from one account to the other with an actual check?
@QbuniversityOrg6 ай бұрын
I would go into Write Checks and do it that way instead so you can record the check number
@dawnarcieri12936 ай бұрын
Sorry, one more thing. Setting up the two Banks in chart of accounts, I understand that. My concern is when you write the check from Bank A to Bank B does it show as income? We want it to be a neutral transaction on our balance sheet as it would for an actual transfer.
@QbuniversityOrg6 ай бұрын
No it won’t show as income. It’ll show as a transfer from one account to another
@dawnarcieri12936 ай бұрын
@@QbuniversityOrg great, once again how is the check written to the company or to Bank B. For instance I’m writing the check in the Bank A account is the payee Bank B and what is the item code? Is this an item or and expense?
@graceyim29413 жыл бұрын
Teacher, does all check register info reflects in the financial statements?
@QbuniversityOrg3 жыл бұрын
Yep it sure does!
@Mrsdevsgirl2 жыл бұрын
Does this method transfer from one account to another, work when you withd from one bank via check and puttin in another bank deposit via check? Or should it be done through check register?
@QbuniversityOrg2 жыл бұрын
You can use this method for that
@Mrsdevsgirl2 жыл бұрын
@@QbuniversityOrg thank you so much. You deserve more views and subs. The information you give is invaluable.
@QbuniversityOrg2 жыл бұрын
@@Mrsdevsgirl you’re welcome!
@donnafrappier8605 Жыл бұрын
I accidentally entered the bill in twice how do I delete it please help
@QbuniversityOrg Жыл бұрын
Pull up one of the duplicate bills on your screen and click the Edit drop down menu and click Delete
@melisaaikins80893 жыл бұрын
In QB Desktop, is there a way to "match" existing transactions/transfers, in each account, that are already on the books - similar to QBO?
@QbuniversityOrg3 жыл бұрын
Do you mean like when you import bank transactions or use the bank feeds?
@melisaaikins80893 жыл бұрын
@@QbuniversityOrg Yes, for transactions that have already been imported into the Desktop file.
@accountingoceangroup17792 жыл бұрын
if i transfer money from checking account to credit card account to make a credit card payment, Can i use the transfer funds function? or entry general journal entry?
@QbuniversityOrg2 жыл бұрын
You can use the transfer funds function
@kimbowlby4535 Жыл бұрын
@@QbuniversityOrg New to QB, do I need to set up an entire account for the Business CC and record each transaction on that account and then just transfer money from Business Account to pay the CC? I obviously don't want to double entry each transaction (on both cc and in the check register), but I do need all of my cc transactions in my balance sheet.
@QbuniversityOrg Жыл бұрын
@@kimbowlby4535 yep you sure do and then you would reconcile the CC every month just like the bank account
@pamowen93282 жыл бұрын
I transferred money from owner's savings to business and I have the funds transferred from savings to checking correctly. I want to show the business paying back the owner (as opposed to owner wages). How do I differentiate between paying back the owner and owner's wagse?
@QbuniversityOrg2 жыл бұрын
You would show it as a payback against the account you used when they put the money in. So, if you showed that owner deposit as "Loan from Owner" for example, then you would show the payback going to that same account
@pamowen93282 жыл бұрын
@@QbuniversityOrg Thank you for your response. I guess that is my problem, it only shows as a transfer from personal savings to biz checking. I can't figure out how to categorize is under "Loan from Owner."
@QbuniversityOrg2 жыл бұрын
@@pamowen9328 well, when you deposited his money, what account did you put it to?
@WillSanchez1129 Жыл бұрын
I have a question . How can I transfer funds from quick books to my quick books checking
@QbuniversityOrg Жыл бұрын
I’m not really sure what you’re asking?
@WillSanchez1129 Жыл бұрын
@@QbuniversityOrg OK my customer made a deposit using QuickBooks right now the money he sent it in was called QuickBooks balance. I have a Quickbooks checking account. I have a regular checking account attached to my QuickBooks account. I would like to transfer the money that is under the road that says quick books balance to my QuickBooks checking account do you have an email so I can send you a screenshot
@WillSanchez1129 Жыл бұрын
@@QbuniversityOrg i’m pretty sure I’m doing something wrong. I have not navigated quick books in almost 5 years.
@QbuniversityOrg Жыл бұрын
@@WillSanchez1129 is it from a bank feed?
@llmm94642 жыл бұрын
How do I delete a record made in this transaction?
@QbuniversityOrg2 жыл бұрын
Go to the transaction, open it, go to Edit drop down menu and choose Delete
@llmm94642 жыл бұрын
@@QbuniversityOrg thanks
@QbuniversityOrg2 жыл бұрын
@@llmm9464 welcome!
@AmyVarga-ns3kk4 ай бұрын
how do i reverse if i did in error?
@QbuniversityOrg4 ай бұрын
Just go back and pull it up on the screen and click the edit drop-down menu and click delete
@amyvarga18204 ай бұрын
@@QbuniversityOrg Thank you so much. I was looking for a delete/void, but didn't even look up for the edit tab. Thanks
@QbuniversityOrg4 ай бұрын
You’re welcome!
@THOMASKOTRABA Жыл бұрын
My husband just passed away and the bank teller told me I had to close the business account in his name. The bank teller did a transfer of the entire account balance from the business checking account to our personal checking account. Now I am not sure how to show a zero balance for our business in Quickbooks Pro 2018 ? Please help me!
@QbuniversityOrg Жыл бұрын
I’m so sorry for your loss! You can show this as an Owners Distribution in QB to zero out the account
@THOMASKOTRABA Жыл бұрын
Is an "owner's distribution" the same as a "drawing" by the owner of the account?
@QbuniversityOrg Жыл бұрын
@@THOMASKOTRABA yes
@judyrubin4902 жыл бұрын
When my son received his PPP funds, I transferred the funds to my checking account, which is at the same bank as his business checking account so we could keep the funds separate. As he needed the PPP funds, I transferred those funds back to his checking account. How should I have booked it? Thank you in advance.
@QbuniversityOrg2 жыл бұрын
Do you own part of the business? If not then when you moved it out to your account I would call it an Owners Draw and when you deposit it back put it back to this account
@judyrubin4902 жыл бұрын
@@QbuniversityOrg Thank you for the speedy replay. Helpful information.
@QbuniversityOrg2 жыл бұрын
@@judyrubin490 welcome!
@b-tinsomnia58442 жыл бұрын
What happens when I want to delete transfer between accounts??? How can I do that please.
@QbuniversityOrg2 жыл бұрын
Just pull up the transfer in the register, go to Edit and choose Delete
@b-tinsomnia58442 жыл бұрын
Thank you boss....u are so good 👍....
@QbuniversityOrg2 жыл бұрын
@@b-tinsomnia5844 you’re welcome!
@freezerbooks12 жыл бұрын
How do you transfer money from one company to a different company in QuickBooks desktop? What is the best and easiest way?
@QbuniversityOrg2 жыл бұрын
If it’s going to be paid back then do an inter company advance. If not then do an equity distribution on one and equity contribution on the other
@clearlybeading47182 жыл бұрын
Hi! What about transferring money from personal account to business account via Zelle? On the statements, it shows as a deposit, but I’m having a hard time finding info online on how to record this transfer in quickbooks desktop. Please help!
@QbuniversityOrg2 жыл бұрын
I would just enter as a deposit in the check register and code as an Owner Contribution
@clearlybeading47182 жыл бұрын
@@QbuniversityOrg thank you for getting back to me so quickly! Would it be owner’s draw if the money were withdrawn back to personal account via Zelle?
@QbuniversityOrg2 жыл бұрын
@@clearlybeading4718 yep that’s exactly right!
@clearlybeading47182 жыл бұрын
@@QbuniversityOrg thank you again! Do I record this into the Record Deposits icon or just straight to the Check Register?
@QbuniversityOrg2 жыл бұрын
@@clearlybeading4718 either way works.
@jamiedurkin17472 жыл бұрын
How do you delete a transfer?
@QbuniversityOrg2 жыл бұрын
Just go to the original transfer in the register, highlight it, right click, and click delete
@dawnscheetz5774 Жыл бұрын
I transferred money from checking to paypal instead of the other way, how do I get rid of that?
@QbuniversityOrg Жыл бұрын
Go to the transfer and delete it
@dawnscheetz5774 Жыл бұрын
I tried but there is no delete option
@QbuniversityOrg Жыл бұрын
@@dawnscheetz5774 if you pull up the transfer on your screen go to the Edit drop down menu and choose Delete or even Void
@dawnscheetz5774 Жыл бұрын
Thank you, thank you, thank you
@QbuniversityOrg Жыл бұрын
@@dawnscheetz5774 you’re welcome!
@cbalumni67502 жыл бұрын
When transferring for one account to another using this method and you are writing a physical check and depositing that check into a different account, how do you track the physical check number and later for the purpose of reconciling that specific check? And likewise for the actual deposit and reconciling that deposit?
@1wetpaint2 жыл бұрын
I had the same question. I have one bank for taxes and another for operating expenses. My guess would be simply put the check number in the memo slot?
@kurtfabrick2787 Жыл бұрын
Please, please correct your video. A labeled “transfer” online for example (1st example ) (between a chk and savings account is NOT the same as a withdraw at the teller from a chk and a deposit in savings. They will be labeled different on the statement and banks do not consider them the same and please do not teach that they can be treated the same in QB.