Advertise here    

QuickBooks Forums      

Go Back   QuickBooks Forums > QuickBooks Software Support > QuickBooks Online Forum

Reply
 
Thread Tools Rate Thread Display Modes
  #1  
Old 12-02-2016, 06:32 PM
Zambuk Zambuk is offline
Registered User
 
Join Date: Aug 2011
Location: Sydney Australia
Posts: 24
Quickbooks Balance

I am a complete novice regarding QBO, so please forgive me with this possibly silly question.

My QuickBooks balance is not the same as the bank balance. There are no outstanding cheques to be presented, or money to be deposited. I do have about $2,000.00 in outstanding invoices, which should all be paid by 30th June next year.

Are these outstanding invoices included in the QuickBooks balance?

Thank you for your assistance

Zambuk
Reply With Quote
  #2  
Old 12-03-2016, 04:50 AM
Rustler Rustler is offline
Registered User
 
Join Date: Feb 2008
Location: Texas - The Republic
Posts: 2,350
Not in the bank balance unless you have the items sold set up wrong.

In the products & services list edit an item you sell, the income account should never be the bank, you select an income account
Reply With Quote
Reply

Bookmarks
Bookmark and Share
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 06:00 PM.


 

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
All contents copyright (c) by AccountingUsers Inc.