QuickBooks Online - Improved Banking & Dowloaded Transactions
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- čas přidán 22. 06. 2020
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I am SO deeply grateful for all your tutorials!
You're the best Hector! i Have learned so much from all your videos.
Nice quick explanation of the recent changes.
A million thanks. Additional ideas have in bank. It's a great help in my job application.
I'm learning so much! Thank you for these videos!
You welcome
Hello Hector. Thank you for the Tutorials. Very easy to follow.
Glad you like them!
Awesome! This video was so helpful! Thank you, Hector!
You welcome
This is the very first vedio I am watching about Qbook learning.
For very basic idea about Qbook which vedio I should watch first.
Thank you 🙂🙂
Not this one
The group option and controls for 'in review' transactions are not shown with my 'Essentials' subscription. Without this feature QB is not really worth much to me. Thanks for the great video!
Can you do a video of Factoring company loans and fees thank you
Can you put the video for sevice based company and advance payment from customer. And how to create invoice after completing service .and how show advance received from customer earlier in the same invoice
QBOA Canadian version does not offer the grouping option
Hola Hector-queria preguntarte, en el caso de tener varias cuentas bancarias , para que se integren en Quickbooks , que tengo que hacer, concile ?
Muchas gracias !!!
Hello Hector. What should I do if I don't see the banking tab in my left navigation bar?
Great videos Hector. I am new to bookkeeping as well as QBO and have a question about receipts. Do you not have to match physical receipts to the bank feed transactions? As a CPA and or Bookkeeper is it not required for you to view each receipt?
You could and should make sure there are receipts for everything .. but there is no law that requires you look at each one for that. The client is responsible for keeping records
Very informative.Grateful. Sir can you highlight which tool do you use for tutorial making.
Screenflow for Mac
Is this update for Quickbooks Online Essentials? We're not seeing any new changes on our end, and the QB support team does not seem to know anything about it. There's no mention that we can find of this update on their site, either.
I was able to find the announcement about the new update here: quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-june-2020/ So maybe we just need to keep waiting and it hasn't been rolled out to us yet.
So happy to find your excellent tutorials! At 4:56: "Excluded" bank txns - Should I exclude "Melio" payments (bill pay 3rd party QuickBooks online) since I have already created a Bill, scheduled Bill Payment, and sent payment? Previously, I expanded these Melio downloaded bank txns, added info and "Confirmed" them, but found I created a duplicate Expense. Help, please?
Either that, or match them
Hector, do you have a clip for talking about transfers in the banking feed? im afraid to use them because Ive had them duplicate before when they used to just say "add" now the action says "transfer"- direction please?!
Your instincts are right.. don’t use them
Hi Hector, the video is very useful. I wanted to ask a general question regarding deposits (since in this video you've only been dealing with expenses): when I upload the bank information into the Banking Tab, will the information on who paid me (the name of the person or company) be available in the statement or will it only say deposit? This is important to me because a deposit can be many things- a customer payment, a refund, a transfer, etc. and I don't know how to classify it.
Best,
Ivana
I cover payment matching in detail in my Advance Course. That part is more complex. As far as the customer's name, that will be in the bank statement if they pay via wire or electronically.. but check or cash no.
Is the Advanced Course already available on You Tube (and if no, when will it be)?
very nice
:)
At what time do you expect that QuickBooks online advanced will be available for international version users?
No clue.
as always, great stuff, hector, thanks! at 14:20 it looked like Amazon was added but as a customer, not a vendor. if i saw that correctly, is there a way to change the Amazon (customer) into Amazon (vendor)?
Can’t change it, would need to be deleted and then recreated as a vendor
@@HectorGarciaCPA
OK, so for those transactions that were booked to amazon-customer, would you first create amazon-vendor and then go back into the transactions and assign the new amazon-vendor?
What is the difference between categorization and matching pelase? How does matching differ from reconciliation?
Categorization is creating a new transaction. Match is when it already exists (was created manually). They both need to be reconciled.
Hector I really need your help on how to undo previous reconciliations where i can update the beginning balance and correct statement date? Can you or someone here on the forum can help me?
QuickBooks Online or Desktop?
What should I do if I don't see the banking tab in my left navigation bar?
go in transaction tab, you will find banking
Hello Mr. Garcia, I would like to ask can you use Quick Books for your own personal use until you start up a Home Business in your home?
Thank you for your time, Antoinette Hunter
Yea, but is meant for businesses
Do you have a video about what to do when you have GST or taxes that are refundable by CRA? How to take it from a category and apply it into a tax category to claim back?
I don’t do non-US based tax videos
@@HectorGarciaCPA Do you have a US Version Video?
@@deannalambert5394 this is a US version
@@HectorGarciaCPA then you don’t understand what I’m saying.
We have a farm. We are able to claim GST back but I usually take it directly from the transaction and divide the expense into one category and the tax into another at the same time.
@@deannalambert5394 GST is a Canadian concept. As a US-based CPA that knows nothing about Canadian Tax System, I prefer to give no advice on it.
How do I categorize the BAS payment (spent) that appears in my bank account?
I did not use the GST in quickbooks when lodging the BAS
I don’t know what BAS is.
Hi Hector, I have link my business accounts to quickbooks but, my question is if I made purchases in cash for my business. how do I categorized in quickbooks?
I have a video that talks about “petty cash” look at that.
Hi Hector! Great video. I am just relearning Quickbooks and am doing it for a friend that started a new business. I get info from you, Thank you! I noticed when you were grabbing La Granja Weston 29:11 you also grabbed the Le Vie restaurant that only had one transaction and change the payee to the name of the restaurant. Now, how will that show up in reports? Will it confuse it? Would it not give an error message? Again, thanks for making mistakes so we can learn from it! Gracias!
Probably a mistake.. yes, that would cause confusión on reports, nice catch.
Probably a mistake.. yes, that would cause confusión on reports, nice catch.
Probably a mistake.. yes, that would cause confusión on reports, nice catch.
@@HectorGarciaCPA thank you. Can I ask a silly question about bank fees? (or tell me which video to watch por favor) There are so many bank fee types now on the statements. Do you set them all up differently or lump them together? There are account frees, e-transfer fees, service charges, and deposit item fees. Just to name a few. Thank you for responding Hector.
@@florak1087 one Bank Fee account is enough
Great video, Hector. Do you know why the check number from the bank would not populate the check field? This works for all of my other clients but this is the first client I have with BB&T. Thoughts? Thanks!
some banks have their own issues with downloading data
Hello Hector,
Are you available for Hire. ? i am new to quicks books and there a couple of things that I need guidance .
We are: 954-414-1524
@@HectorGarciaCPA Thanks
i need help combining two QuickBooks Desktop Companies... goal to have both, as one, online
There isn’t an easy way to do this
@@HectorGarciaCPA That's what I've been told. Any direction you can give me?
@@HectorGarciaCPA
Transaction Pro?