Search found 8 matches

by gloaming
Thu Nov 30, 2017 3:30 pm
Forum: Accounting
Topic: Debits/credits out of balance A/P
Replies: 1
Views: 235

Debits/credits out of balance A/P

I'm trying to enter an invoice, part of which is a life insurance refund, but when I try to save it, I get a message that the debits and credits are out of balance with the amount. Here is an example of what I'm trying to do: Check Amount: $1000.00 DR CR Cash 1000 Health Ins 1200 Life Ins (refund) 2...
by gloaming
Sun Nov 19, 2017 9:06 am
Forum: Accounting
Topic: 941 doesn't match trial balance
Replies: 3
Views: 310

Re: 941 doesn't match trial balance

NeilZ wrote:
Did you void the check in Payroll, and then POST the Payroll ?? Where did you void the check? Unless it is done from Payroll, then posted, the payroll records (and 941 report) will not be updated.
Yes, I went through Payroll to void and post.
by gloaming
Fri Nov 17, 2017 2:54 pm
Forum: Accounting
Topic: 941 doesn't match trial balance
Replies: 3
Views: 310

941 doesn't match trial balance

I was about to make our payroll tax deposit when I noticed that the 941 tax deposit report doesn't match the FICA and federal withholding accounts on the trial balance. Here's what I believe happened: an employee lost his paycheck last week. I voided it and reissued it this week, but I didn't use th...
by gloaming
Thu Nov 09, 2017 3:53 pm
Forum: Contributions
Topic: Stock contribution
Replies: 3
Views: 998

Stock contribution

Please bear with me--I'm still new to this! We had someone make a rather large stock donation last month. The stock was immediately liquidated, and the cash proceeds were deposited into our checking account. I entered the proceeds into PC under the correct envelope (which debited our checking accoun...
by gloaming
Tue Oct 31, 2017 4:57 pm
Forum: Accounting
Topic: Credit on invoice
Replies: 3
Views: 340

Re: Credit on invoice

Our credit card statements just came in, and one has a credit balance. There are several large expenses on the statement which i need to book, but one refund caused the balance to go negative. I'm not sure how to enter an invoice with a credit balance. Any ideas? This is why it is suggested that yo...
by gloaming
Tue Oct 31, 2017 4:56 pm
Forum: Accounting
Topic: Credit on invoice
Replies: 3
Views: 340

Re: Credit on invoice

Our credit card statements just came in, and one has a credit balance. There are several large expenses on the statement which i need to book, but one refund caused the balance to go negative. I'm not sure how to enter an invoice with a credit balance. Any ideas? This is why it is suggested that yo...
by gloaming
Tue Oct 31, 2017 4:02 pm
Forum: Accounting
Topic: Credit on invoice
Replies: 3
Views: 340

Credit on invoice

Our credit card statements just came in, and one has a credit balance. There are several large expenses on the statement which i need to book, but one refund caused the balance to go negative. I'm not sure how to enter an invoice with a credit balance. Any ideas?
by gloaming
Wed Oct 18, 2017 6:24 pm
Forum: Accounting
Topic: Delete a duplicate invoice
Replies: 1
Views: 258

Delete a duplicate invoice

Is it possible to delete a duplicate A/P invoice? I entered one invoice twice and now can't find how to delete it. Thanks in advance!