Hey Hector, I’ve noticed that recent video are more “back to basics” and I really like that. I’ve been doing bookkeeping for about 2.5 years now and I enjoy refreshing on basics and core functions. Thank you so much for what you do!
@HectorGarciaCPA7 ай бұрын
:)
@NakimeraRonah19 күн бұрын
Hie Hector am preparing for an interview and this is adding up a lot to me.
@HectorGarciaCPA19 күн бұрын
Great
@heatherpauley45605 ай бұрын
Thank you for the very informative video. When creating a bill for Supplies and Mileage reimbursement to one person, but they are being paid out of two different accounts, how would you create a manual check using two different bank accounts?
@HectorGarciaCPA5 ай бұрын
Two separate payments, you can partially pay
@TereRodriguezCuin22 күн бұрын
What’s the best way to communicate with a client and figure out where he has an outstanding balance if they receive paper copies?
@HectorGarciaCPA22 күн бұрын
@@TereRodriguezCuin not sure i have enough info to answer this
@olatunbosunosadugba190917 күн бұрын
Thanks Hector, Please do you have a video on Book clean up.
@HectorGarciaCPA17 күн бұрын
I do , is 5 years old, but pretty good, search it
@eunicegatbonton89066 ай бұрын
thanks for this! glad i bumped into this video and i hope to watch more of your videos. new subscriber here
@HectorGarciaCPA6 ай бұрын
Welcome aboard!
@EdgarUSA5 ай бұрын
I enjoyed the video. Gracias Hector
@HectorGarciaCPA5 ай бұрын
De nada
@gladiatorgreat7669Ай бұрын
Hey Hectar, thanks for information you are sharing with us. How to record prepaid expenses and subsequent adjustment in relevant month via AP
@HectorGarciaCPAАй бұрын
Dont have a video on that
@gladiatorgreat7669Күн бұрын
@@HectorGarciaCPA hmm Can you mention the workflow?
@hasibullah78285 ай бұрын
Hey Hector plz make a video on logistics (imports and exports) that how they bookkeeping in quickbooks, you can take example company as motor impact canada
@HectorGarciaCPA5 ай бұрын
I don’t have a video specifically for that
@ЖибекАбдылдаева-д1э2 ай бұрын
Hello, thanks for your video, its very helpfull. Could you make a video about fixed assets and depreciation?
@HectorGarciaCPA2 ай бұрын
At some point i willl, but not in the near future
@MissyNagalm7 ай бұрын
Hi I have a question, when a bill is 5 to 45 pages long? how to enter it? Thanks!
@HectorGarciaCPA7 ай бұрын
If you dont need to track the item details, just enter one line and attach the bill
@nclevans2 ай бұрын
Very informative. thank you.
@HectorGarciaCPA2 ай бұрын
:)
@oxidel3 ай бұрын
Thank you for the useful video.
@HectorGarciaCPA3 ай бұрын
Glad it was helpful!
@ManagementD.CortezManagementАй бұрын
Por favor Héctor puedes indicarme cómo colocar previsión de tres depósitos al cliente en los invoices, también puedes decirme cómo colocar previsión de tres pagos a los vendors en cada bill?
@HectorGarciaCPAАй бұрын
No hay mecanismos para eso.
@CarlosSacasa-k3rАй бұрын
Hector cual es la mejor manera de poner los bills from previous software into QuickBooks on line. Debo abrir Item como Open, pero el item pide si es non inventory. Pero mejor explicame la mejor manera. Gracias por adelantado.
@HectorGarciaCPA28 күн бұрын
Manualmente 1 a 1. O usar una aplicación que importe como SaasAnt o Transaction PRO
@rhondaault6464Ай бұрын
Hi Hector, how can I enter my credit cards owed into accounts payable?
@HectorGarciaCPAАй бұрын
You dont… you create them as Credit Cards
@User5533ttsslopez5 ай бұрын
Hi Hector, I have been watching your videos and all your videos are great. In this video, I have a doubt, at 13:27, regarding that reversing old expense JE. Why do we need to credit that old Advertising exp in the current year? Advertising exp is a temporary account and it will be closed to Retained earnings at the end of the year. If that expense is incurred in prior old periods and if the period is already closed, then could you please tell me why we need to credit it now at the current period? Because, it will decrease the current expense which is not right.
@HectorGarciaCPA5 ай бұрын
Well, crediting it a past year could imply you need to amend your tax returns
@NowayJustgoaway-v8mАй бұрын
Can construction accountant use QB for managing accounting data? How do you do it?
@HectorGarciaCPAАй бұрын
There are videos on Construction accounting, look those up
@agoodwife87873 ай бұрын
This video is great. Question: at 13:39 offset expense. Do not make expenses account at debit with negative number? Thank you
@HectorGarciaCPA3 ай бұрын
You could
@agoodwife87873 ай бұрын
@@HectorGarciaCPA thank you.
@jtepsr6 ай бұрын
Hector nice tutorial, I just moved from desktop version to online. I find with respect to bills there seems to be some differences. How can I get some help with some areas. I am an advanced user of QB, using software for decades.
@HectorGarciaCPA5 ай бұрын
Contact tech support I guess
@sheilaschmitt3835 ай бұрын
Your videos are great. In Desktop, you can print a bill payment stub. Is this also available in QBO?
@HectorGarciaCPA5 ай бұрын
Not available
@sheilaschmitt3835 ай бұрын
My work around. Reports - What you Owe - Bill and applied payments. Send to Excel and cut and paste from there
@mariabidwell7065Ай бұрын
Hello Hector! Do you have any videos for Real Estate Brokerage?
@HectorGarciaCPAАй бұрын
No
@TereRodriguezCuin22 күн бұрын
@@HectorGarciaCPAlol some of your responses make me laugh😅😂 so straightforward
@HectorGarciaCPA22 күн бұрын
@@TereRodriguezCuin it was a yes/no question
@benbanafo37902 ай бұрын
Thank you
@HectorGarciaCPA2 ай бұрын
You are welcome
@theresapoe-lamoreaux94963 ай бұрын
New to QBO - had a lot of trouble migrating over. Now when entering my bills, it is not giving me my Chart of Accounts for the category as a drop down box. It is asking me to add a new one. I migrated from desktop and already have chart of accounts. Am I missing a step? Thanks in advance.
@HectorGarciaCPA3 ай бұрын
Maybe that account did not transfer over? Have you looked at the chart of accounts?
@paulbalogun767 ай бұрын
good lesson
@HectorGarciaCPA7 ай бұрын
:)
@muhammadhamzasaeed-k1q5 ай бұрын
Hey Hector, how shall we record, if bill amount is 2000$ but we pay 25000$ to vendor and say that 5000$ will adjust next month bills, so how will we adjust this through bills?
@HectorGarciaCPA5 ай бұрын
It will be an overpayment create the bill for next month for now, then delete it when the real bill comes
@Chloe-vl4zp7 ай бұрын
Hi Hector, how should I categorize "Currency conversion (debit & credit) to Paypal"? They are all showing on my Bank Feeds. Thanks!
@HectorGarciaCPA7 ай бұрын
Oh… i think those might need to be excluded
@TheresaMorris-np9nm4 ай бұрын
I have a vendor credit memo I entered and then they sent us a refund. How do I apply it because it says I have a zero balance on the vendor list but when I go into the vendor transactions it shows an overdue amount for the vendor. I also did a deposit for the refund which I thought would bring it to zero. Any advise would be appreciated.
@HectorGarciaCPA4 ай бұрын
the deposit needs to point to Accounts Payable. so then you can apply it to the Vendor Credit
@surithabetala81796 ай бұрын
How to handle vendor prepayments?
@HectorGarciaCPA6 ай бұрын
There is another video on that
@tett44867 ай бұрын
How to send payment remittance to the vendor. Thank you
@HectorGarciaCPA7 ай бұрын
There is no payment remittance in QB, you could take a screenshot of the bill pay, that’s it
@tett44867 ай бұрын
Thank you
@SamimlIsl-p6h19 күн бұрын
Sallie Cove
@HectorGarciaCPA16 күн бұрын
??
@2003babzc6 ай бұрын
Hi Hector Our company pays over $7k for Quickbooks licenses and agreements. Is that to be classified as an asset or expense ?
@HectorGarciaCPA6 ай бұрын
Expense
@judithcarper2 ай бұрын
Hi Hector, should I have three different gl’s for: IT services, computer purchases, software purchases/subscriptions? Thanks 🙏
@HectorGarciaCPA2 ай бұрын
You could, with classes if you are also going to track direct expenses against each of those activities . But is up to you. Or just setup different income accounts only
@judithcarper2 ай бұрын
@@HectorGarciaCPA thanks 😊
@tomeballoonsanddecorations86484 ай бұрын
If you have to book the EOY payables to a vendor for products you purchased from them, do you enter a bill a bill and use the COGS account?
@HectorGarciaCPA4 ай бұрын
Yeap.. or use inventory items (if you are tracking inventory)
@MeMobile8882 ай бұрын
Hi! Hector, my supplier invoice has got sales/gst in it. How do we enter this tax as there is not tax column in the "Bill" module? Do we suppose to enter by creating row and accounts code for the tax?
@HectorGarciaCPA2 ай бұрын
If you are outside USA, you could turn on the GST (supplier tax) and track it. If you are in the US, you just include the GST as part of the expense
@MeMobile8882 ай бұрын
@@HectorGarciaCPA tq for your kind reply. I am from outside USA. Our company is not gst registered. If I am to turn on the GST, does it not mean our company will be regarded as gst registered? Hope u understand what I am trying to ask😁
@manuelaa.caballero82257 ай бұрын
Can you give personalized advice?I need someone,obviously paying you
@HectorGarciaCPA7 ай бұрын
Yes. Myself or someone from my team: 954-414-1524
@natbrown19747 ай бұрын
Hello! I'm in Canada. Looks like when you enter a payable in the usa, you are entering the total expense including tax for each expense line. Is that right? In canada, we have to split the tax out so we can remit part of them to the government.
@HectorGarciaCPA7 ай бұрын
We dont split tax for expenses in USA
@lvaoga20295 ай бұрын
What version of this quick book
@danycabdallah35996 ай бұрын
Thank you Hector for the video, very informative. What if the vendor's invoice contains a discount and a Tax? How we can register it?
@HectorGarciaCPA6 ай бұрын
Yes, you add those amounts to the lines of the bill
@danycabdallah35996 ай бұрын
@@HectorGarciaCPA you mean like creating items for discount and tax?
@BeckyMoore-yb2mo4 ай бұрын
HI Hector- Great Tutorials. I just started working at a CPA firm and we have 2 partners- do you have tutorials about splitting the expenses with the partners? They some times split 70/30 and then other times 50/50.
@HectorGarciaCPA4 ай бұрын
You can split it in the transaction there manually