QB ? - What is undeposited funds and why is my money going there?

QB allows you to choose which payments entered are grouped into a deposit so you can match your deposit entries to how they may appear on your bank statement. You will see the usefulness of this once you go into reconcile that account.


To move them to the bank account register go to Make/Record Deposits. If this doesn't fit your business model you can change the default deposit to account by going to Edit>Preferences>Sales & Customers (or Payments depending on version).
 
Why Do Funds Paid Against An Invoice Go To Un Deposited And How Do You Get It Into The Bank Intuit Community

QB ? - How do I create a list of daily A/P invoices enteries?

Try using and modifying the Unpaid Bills Detail report. Go to Reports>Vendors & Payables>Unpaid Bills Detail. Change the dates to All, click on the modify report button, in the column section-click to check mark "Entered/Last Modified", then click on the "filters" tab and scroll down in the Choose Filter box to find "Entered/Modified" then set this to today.

A/P Transaction List Intuit Community

QB ? - How do I use the same Vendors for two different companies?

My Solution:

If you don't mind having all the payees exported into the 2nd company then you can do this... In the company whose vendor list you want to SEND to the other company:

Go to File>Utilities>Export>List to IIF file. Choose your list from the choices, Vendor in your case, click ok. Name the file in the next window and click save. Then open the company to whom you want to add the vendor list. Go to File>Utilities>Import>IIF files. Select the file you just exported. Ta dah! Your vendors from co. 1 are in co 2.

Now, if you want to edit the list and not export everyone.....well that's possible! Contact me for more information.
 
I Would Like To Use The Same Payees For 2 Different Companies Intuit Community

QB ? - I use sales receipts to account for my cash register transactions. How do I enter the different payment types?

Create Payment Type Items and then link them to the appropriate bank account. You then use these items on your sales receipt to record the payments so your sales receipt is zero. You can also create an over/short item to account for discrepancies. Go to Lists>Item Lists and press Ctrl+N to bring up the new item dialogue box. See pictures below, click to enlarge.

Small Biz Issues - Do I Owe Employment Taxes For My Spouse?

When times are tough and money to hire employees is tight, many unincorporated small business owners turn to their spouses to help out. That raises the question of how to handle compensation. The answer depends on the nature of the spouses involvement.