Accounting Talk Accounting Talk    FAQ   Search   Memberlist   Usergroups   Register   Profile   Log in to check your private messages   Log in  how do I categorize something as revenue          Accounting Talk Forum Index -> Quickbooks View previous topic :: View next topic   Author Message me Guest Posted: Wed Jun 25, 2008 12:46 am    Post subject: how do I categorize something as revenue I'm using quickbooks contractor edition and when I generate profit and loss reports I'm not showing any revenue (even though I've collected checks and entered them). Any input is appreciated. Also, is the training video worth the $40.00? Is there a decent book that could help? Thanks. Back to top   Ads Advertising Sponsor Haskel LaPort Guest Posted: Wed Jun 25, 2008 1:07 am    Post subject: Re: how do I categorize something as revenue "me" <me@me.me> wrote in message news:V4OdneVnadWt0vzVnZ2dnUVZ_jCdnZ2d@comcast.com... Quote: I'm using quickbooks contractor edition and when I generate profit and loss reports I'm not showing any revenue (even though I've collected checks and entered them). Any input is appreciated. Also, is the training video worth the $40.00? Is there a decent book that could help? Based on your post I would say the video would be worth while even though I have no idea what video you are taking about. Prior to collecting checks did you record any invoices? Quote: Thanks. Back to top   Ads Advertising Sponsor me Guest Posted: Wed Jun 25, 2008 1:30 am    Post subject: Re: how do I categorize something as revenue Yes. I recorded invoices before recording payments. However, when I generate a profit and loss report, the only things that are shown are expenses (no income, deposits or revenue). Thanks. "Haskel LaPort" <QBFanBoy@gmail.com> wrote in message news:486153fc$0$5013$607ed4bc@cv.net... Quote: "me" <me@me.me> wrote in message news:V4OdneVnadWt0vzVnZ2dnUVZ_jCdnZ2d@comcast.com... I'm using quickbooks contractor edition and when I generate profit and loss reports I'm not showing any revenue (even though I've collected checks and entered them). Any input is appreciated. Also, is the training video worth the $40.00? Is there a decent book that could help? Based on your post I would say the video would be worth while even though I have no idea what video you are taking about. Prior to collecting checks did you record any invoices? Thanks. Back to top   Ads Advertising Sponsor Gary E Guest Posted: Wed Jun 25, 2008 1:51 am    Post subject: Re: how do I categorize something as revenue And the item(s) on this invoice, what income accounts were they pointed to? Gary "me" <me@me.me> wrote in message news:1b-dnYkY3tfqxPzVnZ2dnUVZ_qPinZ2d@comcast.com... Quote: Yes. I recorded invoices before recording payments. However, when I generate a profit and loss report, the only things that are shown are expenses (no income, deposits or revenue). Thanks. "Haskel LaPort" <QBFanBoy@gmail.com> wrote in message news:486153fc$0$5013$607ed4bc@cv.net... "me" <me@me.me> wrote in message news:V4OdneVnadWt0vzVnZ2dnUVZ_jCdnZ2d@comcast.com... I'm using quickbooks contractor edition and when I generate profit and loss reports I'm not showing any revenue (even though I've collected checks and entered them). Any input is appreciated. Also, is the training video worth the $40.00? Is there a decent book that could help? Based on your post I would say the video would be worth while even though I have no idea what video you are taking about. Prior to collecting checks did you record any invoices? Thanks. Back to top   Ads Advertising Sponsor me Guest Posted: Wed Jun 25, 2008 4:43 am    Post subject: Re: how do I categorize something as revenue Not sure. I think I'm pointing it to my checking account. What should it be pointing to (and where is the field to point it). Thanks. "Gary E" <scarecrow_ncNOSPAM@yahoo.com> wrote in message news:Y8d8k.189$g32.167@newsfe07.lga... Quote: And the item(s) on this invoice, what income accounts were they pointed to? Gary "me" <me@me.me> wrote in message news:1b-dnYkY3tfqxPzVnZ2dnUVZ_qPinZ2d@comcast.com... Yes. I recorded invoices before recording payments. However, when I generate a profit and loss report, the only things that are shown are expenses (no income, deposits or revenue). Thanks. "Haskel LaPort" <QBFanBoy@gmail.com> wrote in message news:486153fc$0$5013$607ed4bc@cv.net... "me" <me@me.me> wrote in message news:V4OdneVnadWt0vzVnZ2dnUVZ_jCdnZ2d@comcast.com... I'm using quickbooks contractor edition and when I generate profit and loss reports I'm not showing any revenue (even though I've collected checks and entered them). Any input is appreciated. Also, is the training video worth the $40.00? Is there a decent book that could help? Based on your post I would say the video would be worth while even though I have no idea what video you are taking about. Prior to collecting checks did you record any invoices? Thanks. Back to top   Ads Advertising Sponsor Gary E Guest Posted: Wed Jun 25, 2008 5:38 am    Post subject: Re: how do I categorize something as revenue It should be pointing to an income account in your chart of accounts NOT your checking account. And the item can be found in the item list. I really feel you should find, as soon as possible, a class on QuickBooks, or purchase a few hours of a knowledgeable QuickBooks consultant. The questions you are asking are a little too basic and I'm afraid you could end up with accounting data that means absolutely nothing, and on top of that, may be just a tad difficult to reconcile your bank accounts. Good luck Gary "me" <me@me.me> wrote in message news:xf2dnSppmOUUG_zVnZ2dnUVZ_rHinZ2d@comcast.com... Quote: Not sure. I think I'm pointing it to my checking account. What should it be pointing to (and where is the field to point it). Thanks. "Gary E" <scarecrow_ncNOSPAM@yahoo.com> wrote in message news:Y8d8k.189$g32.167@newsfe07.lga... And the item(s) on this invoice, what income accounts were they pointed to? Gary "me" <me@me.me> wrote in message news:1b-dnYkY3tfqxPzVnZ2dnUVZ_qPinZ2d@comcast.com... Yes. I recorded invoices before recording payments. However, when I generate a profit and loss report, the only things that are shown are expenses (no income, deposits or revenue). Thanks. "Haskel LaPort" <QBFanBoy@gmail.com> wrote in message news:486153fc$0$5013$607ed4bc@cv.net... "me" <me@me.me> wrote in message news:V4OdneVnadWt0vzVnZ2dnUVZ_jCdnZ2d@comcast.com... I'm using quickbooks contractor edition and when I generate profit and loss reports I'm not showing any revenue (even though I've collected checks and entered them). Any input is appreciated. Also, is the training video worth the $40.00? Is there a decent book that could help? Based on your post I would say the video would be worth while even though I have no idea what video you are taking about. Prior to collecting checks did you record any invoices? Thanks. Back to top   Ads Advertising Sponsor me Guest Posted: Wed Jun 25, 2008 6:50 am    Post subject: Re: how do I categorize something as revenue Gary, thanks for the input. I'm probably going to go and get the tutorial DVD at bestbuy along with the 'for dummies' book. I've got a girl in my office who handles our quickbooks (and has for years) but I'm trying to teach myself just because I like to know all the aspects of my business. Can you tell me this: on the invoice or the receive payments option, should I have it point to Revenue or something similar (like accounts payable)? Thanks. "Gary E" <scarecrow_ncNOSPAM@yahoo.com> wrote in message news:Stg8k.1106$g32.51@newsfe07.lga... Quote: It should be pointing to an income account in your chart of accounts NOT your checking account. And the item can be found in the item list. I really feel you should find, as soon as possible, a class on QuickBooks, or purchase a few hours of a knowledgeable QuickBooks consultant. The questions you are asking are a little too basic and I'm afraid you could end up with accounting data that means absolutely nothing, and on top of that, may be just a tad difficult to reconcile your bank accounts. Good luck Gary "me" <me@me.me> wrote in message news:xf2dnSppmOUUG_zVnZ2dnUVZ_rHinZ2d@comcast.com... Not sure. I think I'm pointing it to my checking account. What should it be pointing to (and where is the field to point it). Thanks. "Gary E" <scarecrow_ncNOSPAM@yahoo.com> wrote in message news:Y8d8k.189$g32.167@newsfe07.lga... And the item(s) on this invoice, what income accounts were they pointed to? Gary "me" <me@me.me> wrote in message news:1b-dnYkY3tfqxPzVnZ2dnUVZ_qPinZ2d@comcast.com... Yes. I recorded invoices before recording payments. However, when I generate a profit and loss report, the only things that are shown are expenses (no income, deposits or revenue). Thanks. "Haskel LaPort" <QBFanBoy@gmail.com> wrote in message news:486153fc$0$5013$607ed4bc@cv.net... "me" <me@me.me> wrote in message news:V4OdneVnadWt0vzVnZ2dnUVZ_jCdnZ2d@comcast.com... I'm using quickbooks contractor edition and when I generate profit and loss reports I'm not showing any revenue (even though I've collected checks and entered them). Any input is appreciated. Also, is the training video worth the $40.00? Is there a decent book that could help? Based on your post I would say the video would be worth while even though I have no idea what video you are taking about. Prior to collecting checks did you record any invoices? Thanks. Back to top   Ads Advertising Sponsor Haskel LaPort Guest Posted: Wed Jun 25, 2008 5:17 pm    Post subject: Re: how do I categorize something as revenue "me" <me@me.me> wrote in message news:u9mdnQwnfIriOfzVnZ2dnUVZ_qninZ2d@comcast.com... Quote: Gary, thanks for the input. I'm probably going to go and get the tutorial DVD at bestbuy along with the 'for dummies' book. I've got a girl in my office who handles our quickbooks (and has for years) but I'm trying to teach myself just because I like to know all the aspects of my business. Can you tell me this: on the invoice or the receive payments option, should I have it point to Revenue or something similar (like accounts payable)? Watch the DVD and read the book. You need a basic conceptual construct of how accounting and accounting programs operate. Quote: Thanks. "Gary E" <scarecrow_ncNOSPAM@yahoo.com> wrote in message news:Stg8k.1106$g32.51@newsfe07.lga... It should be pointing to an income account in your chart of accounts NOT your checking account. And the item can be found in the item list. I really feel you should find, as soon as possible, a class on QuickBooks, or purchase a few hours of a knowledgeable QuickBooks consultant. The questions you are asking are a little too basic and I'm afraid you could end up with accounting data that means absolutely nothing, and on top of that, may be just a tad difficult to reconcile your bank accounts. Good luck Gary "me" <me@me.me> wrote in message news:xf2dnSppmOUUG_zVnZ2dnUVZ_rHinZ2d@comcast.com... Not sure. I think I'm pointing it to my checking account. What should it be pointing to (and where is the field to point it). Thanks. "Gary E" <scarecrow_ncNOSPAM@yahoo.com> wrote in message news:Y8d8k.189$g32.167@newsfe07.lga... And the item(s) on this invoice, what income accounts were they pointed to? Gary "me" <me@me.me> wrote in message news:1b-dnYkY3tfqxPzVnZ2dnUVZ_qPinZ2d@comcast.com... Yes. I recorded invoices before recording payments. However, when I generate a profit and loss report, the only things that are shown are expenses (no income, deposits or revenue). Thanks. "Haskel LaPort" <QBFanBoy@gmail.com> wrote in message news:486153fc$0$5013$607ed4bc@cv.net... "me" <me@me.me> wrote in message news:V4OdneVnadWt0vzVnZ2dnUVZ_jCdnZ2d@comcast.com... I'm using quickbooks contractor edition and when I generate profit and loss reports I'm not showing any revenue (even though I've collected checks and entered them). Any input is appreciated. Also, is the training video worth the $40.00? Is there a decent book that could help? Based on your post I would say the video would be worth while even though I have no idea what video you are taking about. Prior to collecting checks did you record any invoices? Thanks. Back to top   Ads Advertising Sponsor Display posts from previous: All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First         Accounting Talk Forum Index -> Quickbooks All times are GMT Page 1 of 1   Jump to: Select a forum Accounting Talk----------------Accounting TalkPeachtreeQuickbooksQuicken  You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum Australian Debt Consolidation Experts medical insurance Wedding Website Annunci di topclassescort con foto e numeri di telefono in tutta Italia Intercambios de Parejas Business plans Make Your Own Website Free and Cheap International Calls Long island Cleaning service toxic mold UK Swingers Genuine Contacts Site cleaning supplies Vacuum Cleaner Parts 65 Attacks blocked Powered by phpBB © 2001, 2005 phpBB Group