20 Most Recent Intuit QuickBooks Pro 2007 Full Version (299116) - Page 8 Questions & Answers


Hi Suple,

Remember that QuickBooks, as an accounting data storage, is by nature both double
entry (DR/CR) and locked, subject to audit trail. In other words, there are strict limits to
writing to the database.

The reason behind this important aspect is required as we all need to have confidence that the input has integrity.

However I would like to give you a scenario from which you can get an idea if you can solve the issue ,

E.g.

Consider your team wrote a check last year to a vendor who never cashed it.

and then You entered the following entry for the adjustment:

DR - Accounts Payable
CR - Checking

You then made the payment from our wire account.
The problem now is that now you cannot reconcile the checking account because the $15k shows up as a deposit.
Now Should you have done a void instead? because you didn't want to affect closed periods.

The solution for you in this scenario would be :-

If have a closing date set (Edit > Preferences > Company Preferences), when you void a check (Edit > Void Check) you'll get a popup asking if you want QuickBooks to do the correcting journal entries for you.

The void with the correcting entries does the entries below, the first correcting entry (#2) reverses it in the prior year (bringing the prior year balances back to original) and the second entry (#3) reverses the first correcting entry in 2010, which is where you want it to be.

If you want to do them all manually, here are the three additional entries that make up a void.

Original check (prior year):
DR - accounts payable
CR - checking account

#1 - Void check (reverse original check in prior year):
DR - checking account
CR - accounts payable

#2 - First correcting entry (reverse voided check in prior year):
DR - accounts payable
CR - checking account

#3 - Second correcting entry (reverse original check in current year):
DR - checking account
CR - accounts payable

Please note - these journal entries entries will show up on your account reconciliation screen, so you'll need to remember to clear them even though they aren't shown on your checking account statement. Once you're done, you can enter your wire payment.

Hope this helps ..:)

Intuit Computers... | Answered on Sep 12, 2011


proberley by changing the companey names and address

Intuit Computers... | Answered on Aug 18, 2011


Hi,

You may browse on how you can use your Quicken through Intuit's website from this LINK. Choose appropriate Operating System.

I hope this works for you. Kindly comment for further assistance. Thanks for using Fixya!

Mongkey
"Understanding explains better..."

Intuit Computers... | Answered on Feb 14, 2011


You will need to contact quickbooks for this. Here is the UK site.

Intuit Computers... | Answered on Dec 06, 2010


please call quickbooks and have a tech help you so you dont loose sensitive info..

VOTE!!!

Intuit Computers... | Answered on Dec 02, 2010


What software are you using? Quickbooks I'd assume? It sounds like the payment was received into the system but never correctly applied to the invoice. To verify this, go to where you can see the actual invoice, and double click on it, or search for it and then open it up. Once open, at the top of the invoice you have a "history" button. Click that and you should see the payment that was applied to the invoice, if it ever was, it would be listed right there. If there is nothing listed, then for sure it was never correctly applied.

The easiest way to fix this is to just go to Customers at the very top, then Receive Payments. Then hit the PREVIOUS button at the top left to go back through the payment. Do this until you come to the payment that was received for this invoice. It will tell you how it was applied to the invoice / invoices, if it ever was. It should be as simple as just clicking the check mark next to the invoice you want to pay, or tracking down what it in fact did pay. It's possible to receive a payment and never apply it to anything, which is what sounds like what has happened.

Thanks much, let me know if this doesn't get it fixed up. I will be glad to help more.

Tim

Intuit Computers... | Answered on Oct 22, 2010


Just type this into google, and check some answers futher down the page, GOOGLE is very powerfull, but most of the top answers are just Supported / advertised sites, check the answers a little lower on the page

Intuit Computers... | Answered on Jul 26, 2010


Hi, By the sound of your question, I'm assuming that you're talking about Quickbooks. The Accountant's copy isn't intended to be a full function copy of the company file. It's a copy that's good enough for financial review, not full-function operation. If you want to have all functions, you'll need to open the original company file (ending with .QBW). It would be the file that you created the accountant's copy from. Once you find the original company file, verify that you can open it, and once you've found it - you can delete the Accountant's copy. As long as the original company file isn't touched or damaged, you should be fine.

Intuit Computers... | Answered on Mar 08, 2010


Hi,

You want to do two things Verify the data and rebuild the data.

To do so, here are the instructions:
Verify your data:
  1. Close and reopen QuickBooks to create a new Qbwin.log file.
  2. Choose Window > Close All, so that no company files or QuickBooks windows are open.
  3. Choose File > Utilities > Verify Data.
    • If you see QuickBooks detected no problems with your data, your data is clean. Click OK.
    • If you see Your data has lost integrity, your data file is damaged. Run the Rebuild Data utility to repair the damage. You may need to run Rebuild two or more times to repair all of the damage. Rerun the Verify Data utility after each rebuild to verify that the errors have been corrected.
    • If your see A data problem prevents QuickBooks from continuing, then your data file has a structural problem. Run the Rebuild Data utility to repair the damage.
Rebuild your data:
Important: If the company file is on a network drive, copy the file to a local computer before attempting to run this utility. Be prepared for this computer to be unavailable for several hours running the Rebuild utility. Never rebuild or update a company data file that is located on a remote drive (for example, by accessing it over your network).

Hope this helps

Thanks Mark

Intuit Computers... | Answered on Feb 02, 2010


These, to my knowledge are two "general" accounts that are created by the program. They are there for your use if you so desire. You don't have to use them. All you do is choose the category for your income and expense items as you set them up. You can always go in and edit them and change the category.
Guess you could call these categories "catch-all."

Intuit Computers... | Answered on Dec 11, 2009


This should work for you:

http://support.quickbooks.intuit.com/support/manual/downloads/QBStartupGuide07_Final.pdf

Intuit Computers... | Answered on Oct 19, 2009


I dont think you can go back a version.

I remember the big warning sign that said Your file must be updated and you can not go back.

Intuit Computers... | Answered on Sep 29, 2009


Sir,

This has been an issue with the latest QBi 2009/10 version & also some of the versions prior for which there is a patch available for Advantage members, on the Quicken website, however I doubt that those patches will help you because they're only relevant to version 2006/07 upwards!

The other fixable issue (as you've discovered) was the losing of the Payroll/Contact Name & Number which you need to make sure is present prior to submitting electronically.
If it still won't go through, unless you're on a later QB version, you may have to resort to writing the PAYG Summaries manually & sending them via "snail-mail"


Thanks
good luck

Intuit Computers... | Answered on Aug 17, 2009


Hi there,

Just like the case that you have, there was a setting for that standard. Maybe the setting was change.

  • For further clarification, just let me know & never hesitate to ask.
  • It would be my pleasure to clarify my answer and help you.


Intuit Computers... | Answered on Aug 08, 2009


I would suspect your PC is infected..a run time error 216 is caused by a virus named the
SubSeven Trojan

I'd recommend running a scan with Malwarebytes' Anti-Malware utility to see if there are any additional malicious applications your current antivirus scanner doesn't detect.

http://www.malwarebytes.org/mbam.php

I also recommend booting the computer into Windows Safe Mode before running a scan (hit F8 after the BIOS boot screen.)

I've cleaned many Windows computers with this free tool

Intuit Computers... | Answered on Jul 29, 2009

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