Love the stories for Craig's Landscaping! I've watched so many QuickBooks videos and sometimes it's hard to follow because it's not tied to real life events like "Joe went to the sushi place for lunch and got a check from the customer." Thank you for that!
I spend several hours with two QBO support reps and they couldn't tell me how to do this. They said I'd need to upgrade my plan so I could do batching. Thank you for the clear video
@@MyCloudBookkeeping if you don’t have a video on using PayPal, zelle and venmo, I think that would be helpful. PayPal always confuses me for some reason. I have it as one of my accounts but I’ve been told not to do it that way, but I still do!
Hello! Love your channel. I have a question regarding selecting the proper class for a transfer of funds. The company owns rental properties, and at the end of each month, transfers rental income from each of 6 properties into a main LLC account. My question is this: for the transferring of the monthly monies, for these transfers, do I categorize the class as the outgoing account (the property) or categorize the class as the main LLC, where the money is going to? Thanks in advance for your help.
The class feature applies to income and expense categories, and not the movement of funds. You would apply the class to the rental income and any expenses, when you move money around it does not impact the profit or loss. I hope that helps!!
Hi, Thanks for this video....very clear explanation. Question >> is there a way to have QB NOT bunch multiple transactions together. I would like each txn to hit the bank as individual txns. that wud be ideal for my situation. I find that digging deep and looking for matches is not a good use of my time. Its frustrating. Thank you!
You would have to be careful not to duplicate the transactions - by matching to the amount in the bank it is much easier to reconcile. It is your choice of course!
Hello, great video, i have an issue, how can i match a deposit that is combining 2 different QBO deposits, one is from a customer that paid online his invoice directly to QBO payments and then there's another QBO deposit but that deposit breaks down in 2, the total for that 2nd QBO deposit is $150 but only $113.47 is for a customer invoice and the remaining $36.53 are merchant fees so, when i try matching with undeposited funds it only lets me match the $900.00 deposit to the amount showing on undeposited funds but what happens to the merchant fees?🥴
Hi Alejandra! I think this video should answer your question: th-cam.com/video/nFNq8TMvd7Y/w-d-xo.html. If not, feel free to schedule a working session so we can look at it together. calendly.com/kerry-11/one-hour-consultation-us Cheers
You can match them if they are entered into QuickBooks Online. It doesn't matter how the payment was made, you need to enter it into QuickBooks Online correctly, and then match it to the bank feed.
HI, how can I match a Transaction it if I receved in my bank a payout for example $368.71, that payout is from a payment received for a tenant of $3,600.50, and 2 payment made by us to a diferentes 2 costumer one for client x for $2127.09 and another for client y for $1,842.12?
@@MyCloudBookkeeping Let's say Tenant21 paid $3,600.50, I paid the owner of property1 $2127.09, and the owner of property2 $1,842.12. And the payout received that day for transactions on Buildium was $368.71, (3600.50-1842.12-2117.09). I receive rent payments through a portal and pay through the Buildium page. Know how can I registre thoses transacción on QBO
I'm not sure what you need to do. This video shows you how to select the checks that total one deposit. If an amount is not included in the deposit you wouldn't select it. Feel free to explain further, or feel free to book a working session so we can look at it together: zcalendly.com/kerry-11/one-hour-consultation-us
@@MyCloudBookkeeping so customer paid for the same invoice twice. we accidentally deposited both checks. that invoice was already matched with another transaction. so when we try to match the new transaction, it will match with other invoices in the total but that particular one wont show up cuz it was already matched with a different transaction. so the transaction total wont match. When we select the checks that total one deposit there is a check that we cant select cuz it was already paid and matched. it will also be widtdrawn and returned from bank. so another transaction for the widthdrawal will show up in reiviews too
Love the stories for Craig's Landscaping! I've watched so many QuickBooks videos and sometimes it's hard to follow because it's not tied to real life events like "Joe went to the sushi place for lunch and got a check from the customer." Thank you for that!
love it!! thank you - yes, checks! mostly a thing of the past.
@@MyCloudBookkeeping OMG, please send that memo to my clients. 😜
I spend several hours with two QBO support reps and they couldn't tell me how to do this. They said I'd need to upgrade my plan so I could do batching. Thank you for the clear video
Hi Jim - delighted I could help :)
Very easy to follow and helped me with my problem I've been trying to ignore for a month or more. It's fixed now with your help! New subscriber!
Thanks so much for letting me know!! What would you like me to make my next video about? :)
@@MyCloudBookkeeping if you don’t have a video on using PayPal, zelle and venmo, I think that would be helpful. PayPal always confuses me for some reason. I have it as one of my accounts but I’ve been told not to do it that way, but I still do!
What a very informative and clear explanation! Thank you!!
My pleasure! I am delighted it helped :)
Nicely done, and very easy to follow. Way to go
Thank you so much Richard! I really appreciate you letting me know!
Thanks a lot, that was easy and saved me a lot of time really thanks for sharing 🙏
Thank you so much for letting me know it helped!
Thank you this is exactly what I needed!
Delighted to hear it! Thank you :)
Hello! Love your channel. I have a question regarding selecting the proper class for a transfer of funds. The company owns rental properties, and at the end of each month, transfers rental income from each of 6 properties into a main LLC account. My question is this: for the transferring of the monthly monies, for these transfers, do I categorize the class as the outgoing account (the property) or categorize the class as the main LLC, where the money is going to? Thanks in advance for your help.
The class feature applies to income and expense categories, and not the movement of funds. You would apply the class to the rental income and any expenses, when you move money around it does not impact the profit or loss. I hope that helps!!
@@MyCloudBookkeeping thanks so much for the help & explanation; makes total sense!
@@tadonnae I'm delighted it helped!! Thanks for letting me know :)
Hi, Thanks for this video....very clear explanation. Question >> is there a way to have QB NOT bunch multiple transactions together. I would like each txn to hit the bank as individual txns. that wud be ideal for my situation. I find that digging deep and looking for matches is not a good use of my time. Its frustrating. Thank you!
You would have to be careful not to duplicate the transactions - by matching to the amount in the bank it is much easier to reconcile. It is your choice of course!
Hello, great video, i have an issue, how can i match a deposit that is combining 2 different QBO deposits, one is from a customer that paid online his invoice directly to QBO payments and then there's another QBO deposit but that deposit breaks down in 2, the total for that 2nd QBO deposit is $150 but only $113.47 is for a customer invoice and the remaining $36.53 are merchant fees so, when i try matching with undeposited funds it only lets me match the $900.00 deposit to the amount showing on undeposited funds but what happens to the merchant fees?🥴
Hi Alejandra! I think this video should answer your question: th-cam.com/video/nFNq8TMvd7Y/w-d-xo.html. If not, feel free to schedule a working session so we can look at it together. calendly.com/kerry-11/one-hour-consultation-us Cheers
Hi, How can I match some deposits made in check and also in cash?
You can match them if they are entered into QuickBooks Online. It doesn't matter how the payment was made, you need to enter it into QuickBooks Online correctly, and then match it to the bank feed.
HI, how can I match a Transaction it if I receved in my bank a payout for example $368.71, that payout is from a payment received for a tenant of $3,600.50, and 2 payment made by us to a diferentes 2 costumer one for client x for $2127.09 and another for client y for $1,842.12?
Did you record these payments to the undeposited funds account and then create a deposit for the total? If you did, it should match easily.
@@MyCloudBookkeeping Let's say Tenant21 paid $3,600.50, I paid the owner of property1 $2127.09, and the owner of property2 $1,842.12. And the payout received that day for transactions on Buildium was $368.71, (3600.50-1842.12-2117.09). I receive rent payments through a portal and pay through the Buildium page. Know how can I registre thoses transacción on QBO
is there a way to split that bank total and exclude one of the splits and matching the rest?
I'm not sure what you need to do. This video shows you how to select the checks that total one deposit. If an amount is not included in the deposit you wouldn't select it. Feel free to explain further, or feel free to book a working session so we can look at it together: zcalendly.com/kerry-11/one-hour-consultation-us
@@MyCloudBookkeeping so customer paid for the same invoice twice. we accidentally deposited both checks. that invoice was already matched with another transaction. so when we try to match the new transaction, it will match with other invoices in the total but that particular one wont show up cuz it was already matched with a different transaction. so the transaction total wont match.
When we select the checks that total one deposit there is a check that we cant select cuz it was already paid and matched. it will also be widtdrawn and returned from bank. so another transaction for the widthdrawal will show up in reiviews too
Thank you!! xo
My pleasure!!!