Call @ 1-800-731-1629 Learn to Write off Bad Debt in QuickBooks Online

Write off bad debts in QuickBooks Online.

When an invoice becomes uncollectible, you need to write it off. This ensures that the receivable and net income of your accounts is up-to-date.

Step 1: It involves checking your aging accounts receivable

Review other invoices or receivables that should be considered as bad debt using the Accounts Receivable Aging Detail report.

1.      Move to the Reports menu.

2.      Secondly, in the field of Find report by name, enter “Accounts Receivable Aging Detail.”

3.      Check for the outstanding accounts receivable that can be written of

Step 2: Second step involves creating a bad debts expense account

1.      Choose the Settings ⚙ icon. Under Your Company, choose Chart of Accounts.

2.      Then in the upper right, select New.

3.      From the drop-down of account type, choose Expenses.

4.      From the ▼ drop-down of Detail Type, choose Bad debts.

5.      In the Name field, enter “Bad debts.”

6.      Choose Save and Close.

Step 3: Creating a bad debt item

1.      Choose the Settings  ⚙ icon. Under Lists, Choose Products and Services.

2.      At the upper right, choose New, and then Non-inventory.

3.      In the field of Name, enter “Bad debts.”

4.      From the Income account ▼ drop-down, choose Bad debts.

5.      Choose Save and Close.

Step 4: Create a credit memo for the bad debt

1.      Choose the Create icon ⨁.

2.      Under Customers, choose Credit Memo.

3.      Under the Customer ▼ drop-down, choose the appropriate customer.

4.      In the section of Product/Service, choose Bad debts.

5.      In the column of amount, the amount that you want to write off needs to be added.

6.      In the Message displayed on statement box, enter “Bad Debt.”

7.      Choose Save and Close.

Step 5: Apply the credit memo to the invoice

Note: You can set up QuickBooks to automatically apply credit memos to your invoices. To do this: 1.      Choose the Settings ⚙ icon. Under Your Company, choose Account and Settings. 2.      Move to the Advanced tab. 3.      In the Automation section, choose the edit (pencil) ✎ icon. 4.      Choose the automatically apply credits checkbox. 5.      Choose Save, then Done.

1.      Choose the Create icon ⨁.

2.      Under Customers, choose Receive Payment.

3.      From the Customer ▼ drop-down, choose the appropriate customer.

4.      From the Outstanding Transactions section, choose the invoice.

5.      From the section of Credits, Choose the credit memo.

6.      Choose Save and Close.

The receivables that are noncollectable now appear on your Profit and Loss report under the Bad Debts expense account.

Step 6: Running a report of bad debts

You can run an Account QuickReport to check all the receivables you tagged as bad debt. To do this:

1.      Choose the Settings ⚙ icon.

2.      Under Your Company, Choose Chart of Accounts.

3.      In the Action column of the bad debts account, Choose Run report.

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If the above solutions are not able to resolve your doubts and errors, you can certainly reach out at QuickBooks helpline number, which is 1-800-731-1629. Errors related to Restoring a backup company file can be fixed within no time. For more information visit @ www.qbooks247.com

QuickBooks is an Essential Support for Small Enterprises

QuickBooks support is necessary for your business to work successfully, you have to work on each area of the business, or invest money in the support team to help when required. Now, for your business, how will you protect your intellectual property, such as your online programs and what is your legal resource, if you don't know about the laws? Do you know how to use QuickBooks or other bookkeeping and invoicing software? If not, who will assist you to keep your bookkeeping and invoicing up to date? Do you know what application to use to make the business with a professional presence impactful and efficient? Well, QuickBooks Support with all of its wonderful features, this online accounting software has proved metal in dealing with accounting issues and helping entrepreneurs to grow their business by doing accounting management more so playing as an essential accounting support system for small business.

QuickBooks Technical Support Helps You to Renew or Reactivate Your Payroll Services

Your QuickBooks desktop payroll subscription will automatically renew as long as your billing information is current and you have the supported version of QuickBooks Desktop. If there is an expired credit card on your account a manual renewal may be required. To know about your subscription you can call QuickBooks Technical support. Listed below are some ways to renew your subscription:

• Directly inside your QuickBooks Desktop file

• Through the web

• From a cancellation notification email

To renew your payroll subscription you can use any of the three methods given below:

Directly inside your QuickBooks Desktop file:

• Go to Employees in QuickBooks

• Select my Payroll Service

• Click on Account/Billing Information.

• If your account information did not auto populate, sign in using again using your Intuit account login.

• Select the Reactivate link in the service information section next to the service status.

• Check whether your payroll service is listed or not, if yes then select Proceed to Checkout.

• To update or add your payment information select a payment method.

• Now, click on Submit.

• Click on Place Order.

• Click on Next and then Return to QuickBooks.

• Check whether the reactivation of QuickBooks was successful or not by signing back and checking the Service Status.

Note: If the Service Status is blank or is still showing Inactive after reactivating, call QuickBooks Support.

Using the web:

• Using your Intuit login, sign in to Intuit QuickBooks My Account.

• Select the product or service you would like to manage, in the Manage your QuickBooks page.

• Under Products & Services, tap the Payroll Subscription tile.

• You can see the status of the subscription on the upper right corner of the page. You will see Cancelled as the status of the subscription in such a case.

Click on the Re-subscribe link given under the status.

• Check whether the information given in the Reactivate Subscription fields is correct. Click on Save and Continue.

• Review the billing information and the Subscription details. Click on Reactivate.

• The confirmation about the reactivation of subscription will be shown in a pop-up message Click on Got it!

• The reactivation of your subscription will take upto 24 hours to complete fully. Once the reactivation is complete, your subscription will show active.

With the help of a cancellation notification email:

Due to the attachment of an expired or deactivated credit card to your subscription, your payroll subscription can fail to auto-renew using the payment information in the account. Follow the steps to reactivate your Payroll Subscription:

• In the email, click on the resubscribe button. By doing this you are directed to the Intuit QuickBooks My Account page.

• Using your Intuit Login credentials, sign in.

• Update your payment information and click on Save and Continue.

• Check whether the information entered in the previous page is all correct. Now, click on Reactivate.

• The confirmation about the reactivation of subscription will be shown in a pop-up message Click on Got it!

• The reactivation of your subscription will take upto 24 hours to complete fully. Once the reactivation is complete, your subscription will show active.

If you are stilling facing a problem in renewing or reactivation your QuickBooks payroll service call QuickBooks technical support on 1-800-731-1629.

To Deal with Paid Bills Showed Unpaid, Call QuickBooks Point of Sale Support

Pay bills option is used when you enter a bill in QuickBooks. To know more about bills contact QuickBooks Point of sale support.

Choose any of the following solutions, if you've unintentionally created a check to pay for an existing bill.

Solution 1: You can delete the bill and keep the check

You can use this option if you do not need all of your payment information to appear in Accounts Payable.

Solution 2: Link the check to the bill

You can use this option if the check has been reconciled.

• Make changes and convert the Expense account to Accounts Payable.

• On the check that you created, Change the Expense account to Accounts Payable on the check that you have created.

• Choose the Customer from Job drop-down and then choose the vendor name. QuickBooks will ask you to choose a vendor for the Accounts Payable line item if you do not enter a name.

• Now, click on Save & Close.

COMPLETE THE PAYMENT OF THE BILL

• Choose Pay Bills in the vendors menu.

• Choose the Bill/s corresponding to the Check.

• Click on the Credits tab in set credits.

• Put a check by clicking on the box beside credit.

• Change the amount accordingly.

• Click on done, and then choose Pay Selected Bills.
       
Note:  In the transaction history you will be able to see the regular check as the payment.

Solution 3:  Pay the bill and remove the check

Use this option if you want to see all of your payment information (including past data) in Accounts Payable.

• Create a back up of the QuickBooks company file.

• Now, go to the Check Register.

• Click on Banking and then select Use Register.

• Choose the bank account which you have used when you wrote the check from the Select Account drop-down, and then select OK.

• Search for the checks that you created in error. Note done important details like payment date, vendor name, amount paid and check number.

• When it’s done, close the Register.

• Go to the Pay Bills window.

• From the Vendors menu, select Pay Bills.

• Select the appropriate Accounts Payable account.

• Choose Show all bills.

• Choose the bills which you have paid through Write Check. You need to choose all the corresponding bills if you have written one check for multiple bills.

• Choose the original payment date you used for the check/s, for the payment date.

• Choose Check from the Method drop-down.

• To attach the correct check number to the payment click on assign check number. When you’ll duplicate a check number you will be prompted that the check number has already been used, click on yes to continue.

• Choose the bank account you used when you wrote the check from the account drop down.

• Click on Pay Selected Bills and go back to the check register.

• You will be able to see two entries (CHK/CHQ and BILLPMT) with the same check information.

• Delete all the CHK/CHQ entry.

• Double-click on the entry.

• Select Delete from the Edit Menu.

• Click on OK.

To know more call QuickBooks Point of sale support on 1-800-731-1629.

QuickBooks Payroll Support helps you to Change Employee Payroll Information in QuickBooks

In this article you will learn how to edit employee's payroll information in the employee profile in QuickBooks Desktop.   For editing the employee’s information in QuickBooks you may need an employee Form W-4 or State Allowance form to complete the changes.

Please Note: Payroll customers’ needs to make a change in employee's payroll information as described in the article. If you are using Direct Deposit or QuickBooks Desktop Payroll Assisted, you need to send a zero payroll after you are done with your updates.

Employee information which can be changed anytime:

• Legal Name

• Date of Birth

• Address, Payroll Schedule

• Earnings (items, rate, pay period)

• Class

• Additions

• Deductions

• Company Contributions

• Direct Deposit

• Sick/Vacation

• Allowances

• Extra Withholding

• Federal Filing Status

• State Allowances

• State Extra Withholding

• State Filing Status

• State Estimated Deductions.

Changes that becomes effective the next pay period:

• State Worked,

• State Lived

• and Other Taxes.

Employee information which cannot be change in QuickBooks Desktop; contact a QuickBooks payroll support representative for assistance:

• Social Security,

• Medicare,

• Advanced Earned Income Credit

• SUI

• SDI

• Federal Unemployment Tax (company paid).

• Retroactive changes for earlier payrolls during the current year to State Worked, State Lived, and Other Taxes.

Step to change an employee's payroll information:

• Click on Employees and then select Employee Center.

• To change the information double-click the name of the employee whose payroll information you want to change.

• Click the Payroll Info tab in the edit employee window.

• To Edit the employee's payroll information. See the information below.

To change an employee's name:

• Click on Employees and choose Employee Center.

• Double-click on the employee's name.

• Enter the corrected employee name under Legal Name on the personal tab.

• Click on OK.

To include an additional payroll item:

• In the Item Name column click under the last Item.

• Choose a payroll item from the drop-down arrow. If you want to create a new payroll item, click on Add.

• Select OK to save changes that you have made.

To change the amount, percentage, or annual limit of a payroll item:

• For the item you want to change, click on the Hourly/Annual Rate, Amount, or Limit column.

• Make changes in the amount, percentage, or limit.

• To save your changes click on OK.

To change tax withholding or add extra withholding:

• Select Taxes.

• For the type of tax you want to change click on the tab.

• Enter the change and select OK.

To insert a payroll item above another:

• Click on the item above which you want to insert an item.

• Click on Edit and then select Insert Line.

• To save your changes click on Save.

To delete a payroll item:

• Select the item you want to remove.

• Click on Edit and select Delete Line.

• To save your changes click OK.

To know more on how to change your employee payroll information call QuickBooks Payroll Support at 1-800-731-1629.

Call QuickBooks Support and Know How to Reinstall QuickBooks for Windows Using Clean Install

This article explains to you, how you can reinstall QuickBooks for windows using clean install. To know more Call QuickBooks Support.

How to Reinstall QuickBooks for Windows using clean install?

You need to uninstall QuickBooks Desktop for windows whenever, a QuickBooks Desktop function is damaged or when there is issue which cannot be solved by a simple reinstall. After uninstall the QuickBooks Desktop for windows you need to rename installation files which were left behind and reinstall the program. This process of reinstalling is known as Clean Install or Clean Uninstall.

Reminder: Make sure that you have available your QuickBooks Desktop download file or the installation CD and license number before you uninstall QuickBooks Desktop.

Step 1: Uninstall QuickBooks Desktop

• Press Windows+R on your keyboard to open the Run command.

• Type in Control Panel and then click on OK.

• Choose Programs and Features (If Control Panel is in Category View, choose Uninstall a Program.)

• Choose QuickBooks from the list of programs and then click on Uninstall/Change.

• To follow the process, follow the prompts.

Important: When you see an error message and are unable to uninstall QuickBooks, contact a qualified IT professional or Microsoft. The error message indicates that there is a problem/corruption with the Windows Operating system (which is not a product of an Intuit).

Step 2: Rename the Installation folders

You need to use QuickBooks Clean Install Tool, which renames the folders for you easily. You can also rename the QuickBooks Installation Folders manually if you do not want to run this tool.

Download and run the QuickBooks Clean Install Tool

• Download and save the QuickBooks_Clean_Install_Tool.exe file to your desktop.

• Open the QuickBooks_Clean_Install_Utility.exe file.

• Click on I Accept on the license agreement.

• Choose your version of QuickBooks Desktop, and then click on Continue.

• Select OK as soon as you see the message "QuickBooks is now ready for a clean install, please install to the default directory."

Manually rename the QuickBooks Desktop installation folders.

You can use Windows Explorer rename each of the folder location and display hidden files listed for your version of windows.  Add 'old' or 'damaged' at the end of the folder name as a suggestion. This way you can prevent QuickBooks from recognizing the folder and create a new one.

FOLDER LOCATION

C:\ProgramData\Intuit\QuickBooks (year)

C:\Users\(current user)\AppData\Local\Intuit\QuickBooks (year)

C:\Program Files\Intuit\QuickBooks(year)

64-bit version C:\Program Files (x86)\Intuit\QuickBooks (year)

Error: Access Denied when renaming folders

• Right-click on the Windows Task Bar and then click on Task Manager.

• Choose the Image Name column header to sort the processes alphabetically by name under the processes tab.

• Select QBDBMgr.exe, QBDBMgrN.exe, Qbw32.exe, QBCFMonitorService.exe, and then select End Process.

• Click on End Process.

• Click Yes to the message stating, "WARNING: Terminating a process can cause undesired results including loss of data and system instability...."

Step 3: Reinstall QuickBooks Desktop

For further information Call QuickBooks Technical Support at 1-800-731-1629.

Why QuickBooks Technical Support is Required?

QuickBooks is an accounting software which is being used worldwide by different business tycoons to track their company financial status and make strategies for an improved business. Here we are providing some essential information related to the role of QuickBooks Technical Support in building an error free, easy and user friendly business accounting software which leads to the growth of company. 

QuickBooks Technical Support:

If you are a QuickBooks user, you might need QuickBooks Technical Support. Because, support makes thing easier. Any sort of issues can be resolved by support. What you have to do is, choose the recognized, certified and perfect support related to your accounting software. From installing QuickBooks in your system to resolving any sort of errors in QuickBooks, you might need best support. Make sure, you are not availing QuickBooks Support from any fraud or fake support provider. Inquire about them before availing support, check their existence in internet and most important thing is to select the tech support provider which uses secure service for payment stuffs. 

Choose Best QuickBooks Technical Support Services: 

Choosing recognized, trustable support service is quite difficult. You have to avail best professional consulting services towards your bookkeeping software. While choosing the best QuickBooks consulting services, please keep the following points in mind:

• Reputation in Market

• Consulting or Support Price

• Professional Experience

www.qbooks247.com is offering better QuickBooks Support services around the globe. While availing support from its accounting experts, you may get the following support services:

• Problem Solving via phone

• Providing Trainings

• Remote Support

• Company File Cleanups

• Support for both Windows and Mac users

• Accounting Management

• 24x7 Technical Support

• First Call Resolution, etc. 

For getting best Support, you have to provide your personal information to the agents. Do not worry about your details. They are safe and secure. Reach us on 1-800-731-1629 and agents will need the remote access of your system to see and solve your problems. You have to keep ready your product license number before calling. Apart from phone support, Email support is also provided by the experts. Mail your queries to support@qbooks247.com and our agents will get back to you with proper solutions. It will take some time. But yes, you will get proper solution for your problem.

What does the Premier QuickBooks Package Contain?

When it comes to the management of your accounting and bookkeeping, most companies opt to choose between the different packages QuickBooks has to offer. The key reason for QuickBooks error solution being this popular, in the US and Canada, lies in its simplicity. It’s very easy to use, it offers a good desktop feature where it’s easy to enter and keep track of all the invoices, payables, expenses, bills and everything that business accounting needs to keep track of. From that point on, all you need is to simply make sure that everything is properly entered in the system and that’s it. The automated calculations will make it possible for you to calculate everything. Additional applications such as TurboTax would also make the tax payments automatically.

There are 3 key desktop versions of QuickBooks available for Windows. There is a separate version available for MAC OS users but that also comes with features which are slightly different. The same goes for the Cloud-based packages, which are also different from the desktop versions. This time around, we would like to talk about the Premier version of QuickBooks error solution.

The Premier version is an upgraded version of QuickBooks Pro software package, that’s been specifically designed for new starting companies. Premier also has the specialty that it concentrates on businesses with industry-specific needs. The key industries targeted include the following:

-          Retail

-          Non-profit

-          Contractor

-          Manufacturing

-          Professional services

This means, if your business grows along with the number of your employees, especially if you have a business specialization like one of the above-listed industries, then it’s a good idea to simply get an upgrade from the Pro to the Premier software.

Let’s see the key features of the Premier package:

-          It allows up to 5 users to work in the program in the same time

-          Additional job cost an estimated cost tool

-          Budgeting and forecasting tool

-          Industry-specific reporting: run profit and loss reports targeted by the type of job or according to a client. This software can run 150 different industry-specific reports.

-          At an additional cost, you can set up electronic invoicing and also online customer payments.

-          Core accounting tool: enlists all the accounts which need to be paid and those which are outstanding.

-          Inventory management tool: tracking sales, orders, deliveries in order to maintain the supply levels of the inventory.

-          Payroll: it can calculate salaries according to the number of worked hours with check and pay slip printing abilities. For an additional cost, it can also do the employee taxes and can do tax form filing.

How to purchase the Premier package?

The package is available for a one-time fee, especially for those with an already existing IT infrastructure but this would not contain support or upgrade services. For an annual active subscription, you can purchase the product along with the support and upgrade services such as the ability to get to new features and do data backups.

QuickBooks support

In case you experience any error occurring while at work, you need to call the QuickBooks Technical Support number 1-800-731-1629.

QuickBooks Pro Support for Error: -6073, -99001

The Error: -6073, -99001 is a commonly occurring error which pops up while using the QuickBooks Pro software. The swiftest approach to resolve it would be to contact the QuickBooks Support team for an effective query resolution. However, in this blog, you'll be provided with the detailed diagnoses as well as the set protocols for resolving the same on your own.

Let's understand why this error happens. This error can have multiple causes:

·         The file might be accessed on a different system in Single User mode.

·         The file is present in a read-only network folder

·         The files are hosted on a Linux server and are consuming greater than a single set of login credentials for signing in to the shared folder.

·         The file is opened through a remote software (LogMeIn, GoToMyPC, etc.) and the host system still views the assumption that the user is already logged in.

Once we have figured out the cause of the error -6073, -99001, we can now begin resolving it. It can be resolved by two methods given below. For best results, try to use them in a chronological order.

The first solution revolves around execution of the QuickBooks file doctor. You need to Download the QuickBooks file doctor and run it. It will automate the process of finding the root cause of this error thereby scanning and repairing it as soon as possible. In case the error is not resolved, you can proceed to the second solution. You can also save time and get QuickBooks Technical Support Number by dialing 1(877) 227 2303. You can expect a prompt service and best possible error resolving advice.

Moving on to the solution two, it involves manual resolution of the error. If the company file is accessed in a single User mode from a different workstation, then-

·         End QuickBooks Desktop processes in all systems.

·         Now access the company file on the Host computer.

·         Make a transition to Multi-User Mode.

·         Quick advice- in the File menu, choose "Switch to Multi-user mode".

·         If you are having this issue again, go for rebooting all the workstations involved

Again, when the system is being opened remotely through LogMeIn, GoToMyPC, etc, then you should-

·         Select Task Manager by right-clicking the taskbar

·         Click on the Processes tab.

·         Verify if there are processes being executed under the name of the user with which you are having trouble.

·         If you see some process under that user, Restart the system as soon as possible.

Lastly, if your company file is situated in a read-only network folder, then you have to-

·         Browse to the system that is hosting the company file.

·         Got to the situated place of the folder where your company file is put.

·         Select Properties by right-clicking on the folder and tap on the Security tab.

·         Choose the user who is getting problems with log in, then click Edit.

·         Mark the box for "Allow for Full control."

· Click on "Apply" and then on "Ok".

If you still encounter the error, contact the QuickBooks Technical Support Number, 1-800-731-1629, immediately for prompt corrective action.