Top Articles in QuickBooks


File extensions used in QuickBooks Desktop

Here are the lists of common file extensions you may confront as you use QuickBooks Desktop. QuickBooks for Windows QuickBooks Working Files File Ext. File type Description *.QBW QuickBooks Company file QBW format is associated with the Intuit QuickBooks software. It use QBW files to store the financial data, letters, logos, templates, and images for … Read More

Commented-reports-in-QuickBooks--Quickbooks Hosting

Commented reports in QuickBooks

QuickBooks 2015 and later allows you to create and share the commented reports with your users. You can follow the following steps to add comments, concerns and the annotations. How to add comments to reports 1 – Open the report and click on the Comment on Report button. 2 – In the Comment on Report window:- Step … Read More

payroll expenses for income tax

Tracking Payroll Expenses for Income Tax in QuickBooks

To report the payroll expenses accurately on your income tax forms, you need to set up a separate payroll subaccount for each type of expense that you report. Step 1 – Go to the Lists menu and then click on the Chart of Accounts. Step 2 – Click Account at the bottom of the list and click on the New button. … Read More

remove deposited items

How to Remove Deposited items from Undeposited Funds

In QuickBooks, you may have deposited a customer’s check, then recorded a separate Payment. This will overstate your income because your income is recorded by both Invoice and the Deposit. If the Deposit was in a previous accounting period and cannot be changed, then you can remove the Payment from the Payments to Deposit window. … Read More

File extensions in QuickBooks

File extensions used in QuickBooks for Backups

The following table describes about the file extensions that QuickBooks uses for backing up the files (creates, imports, or exports). Extension File type Description .IIF Intuit Interchange Format file You can import and export the lists and/or transactions by using the text files with an .IIF extension. .ND QuickBooks Network Data File A configuration file … Read More

manage a bounced check

QuickBooks: How to Manage a Bounced Check you Wrote

Step 1 – Enter a reversing journal entry In the Company menu, click on Make General Journal Entries.. Make sure the Date & Entry No. are correct. Debit the checking account for the amount of the NSF check. Credit the A/P account for the amount of the NSF check. Enter the Vendor name. (Optional) You can enter memos … Read More

payroll items for officer compensation

How to set up payroll items for officer compensation in QuickBooks

QuickBooks allows you to create more than one salary payroll item so you can track officers’ salaries separately from other salaries. By using separate salary items, you can generate reports showing a breakdown of these payroll items and expenses. Step 1 – First, you have to display the Payroll Item List. Step 2 – Now, click on the … Read More

activate a payroll service

How to activate a payroll service purchased from a retail store| QuickBooks

You may have purchased the QuickBooks Desktop Payroll in a box or bought the payroll service from a retail store. In case you are a new user of the service, you need to follow the instructions mentioned in this tutorial to activate the payroll service in QuickBooks Desktop. Step by Step process to activate a … Read More

processing a late payroll

Exploring More about Processing a late Payroll in Quickbooks

1.What to do when the user cannot avoid creating a late paycheck? The following things must not be done: You must not give your employee a paper check with an earlier date than the date on the payroll you have transmitted to Intuit. You must not issue a check outside the payroll module. If you … Read More


An Overview to Process a Late Payroll | QuickBooks

The Customers who are using QuickBooks Desktop Assisted Payroll or Direct Deposit services are supposed to submit payroll 5:00 P.M. Pacific Time at least 2 banking days before the paycheck date. A banking day refers to a banking business day (Monday through Friday) that does not include a Federal Reserve Bank holiday, or a state … Read More