Showing Tag: "books" (Show all posts)

Seattle/King, Pierce, Snohomish Sales Tax Rate Increase on 04/01/2017

Posted by Ron Arant on Friday, February 24, 2017, In : Taxes

"Effective April 1, 2017, sales and use tax within the City of Seattle will increase one-half of one percent (.005). The tax will be used for transportation services." -- Washington DOR (This transit tax increase applies to cities in Snohomish, King, and Pierce counties).

To update the Sales Tax: Make the change before creating any invoices or sales receipts dated 4/1/17 or later.
In QuickBooks (Desktop version, aka QBDT), go to the Lists menu and select "Item List". Find your Seattle Sales Ta...

Avoiding Data Entry Using .qbo (Web Connect)

Posted by Ron Arant on Wednesday, December 9, 2015, In : QuickBooks

Did you know that you can import statement/transaction data directly into QuickBooks (they call it "Direct Connect")?
You can, IF your bank allows this. Some charge additional fees, or only allow this for "Business" accounts.

I'm happy that my credit union (BECU) offers this option at no additional charge for both personal and business accounts.
If yours doesn't, there are a couple great options to convert your bank statement into QuickBooks-ready import data:

First, look at what download format...
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What we've been reading

Posted by Ron Arant on Saturday, May 23, 2015, In : promotion

A couple of good books, if you're looking for some inspiration (or a kick in the pants to get you out of a rut):

A More Beautiful Question, by Warren Berger
It was an impulse grab at the library. "…Because, whereas people are more likely to ignore or challenge you when you come at them with answers, they almost can't resist advising or helping you to answer a great question."

Small Message, Big Impact: The Elevator Speech Effect, by Terri Sjodin
Help organize your thoughts and be ready the next...
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QuickBooks Direct Connect for BECU Credit Cards

Posted by Ron Arant on Tuesday, August 19, 2014, In : Bookkeeping

You may have been surprised to find that QuickBooks will not recognize your Credit Card QBO import (whether using Direct Connect/Bank Feeds) or Importing a Web Connect file downloaded from your bank. This happens with my BECU Visa.

Solution 1 (not good!): in your chart of accounts, change the credit card account to "Other Current Liability". Now you can download/import transactions from the bank, but you can no longer use the "Enter Credit Card Charges" in QuickBooks.

Solution 2 (better):