In the future, however, you always want to pay sales tax through the sales tax module. This is a one-time thing.
How to Deposit Credit Card Payments Transferred from QuickBooks Point of Sale to Undeposited Funds in QuickBooks
Also, it is very hard to compare these totals with our bank statement, as the totals we receive can be several days worth of credit card transactions, with no distinction between visa, mc or amex. I do know that debits come over separately, This creates an inordinate amount of extra work trying to match up the credit card undeposited funds with what comes in on my bank statement. Any advice and instruction is appreciated! Thank you!
The payment type is one of the columns on the Payments to Deposit screen. It makes it a little easier if you change View payment method type to American Express (deposits alone) or Mastercard/Visa/Discover (deposits together).
You can access time sheets from either the Customers or Employees dropdown menus in Enter Time > Use Weekly Timesheet.
Even though QuickBooks does close net income to retained earnings at the end of your fiscal year, the Profit & Loss report retains the total revenue and expenses for more than one year. You just have to remember to change your dates to All.
Also always remember to select Apply Date Range after you change your report dates.
This is one of the things you can fix using Client Data Review, if you’re using QuickBooks for Accountants. You can also go to Vendors > Pay Bills, select the bill that’s already been paid and then Set Credits. If there are no credits, it means she used an expense account on the regular check, which means she’s over-reported her expenses (once on the bill and again on the check). In this case, she can either delete bill or change the account on the check to Accounts Payable and then set the credit.
Be careful about affecting prior year numbers. You might want to get a copy of the trial balance before starting so you can prepare a journal entry to correct any changes to prior year numbers and then reverse it in 2011.