Hi everyone, I have quite a few basic questions that unfortunately I haven't been able to figure out. For background purposes: I sell products on a website, Quickbooks is automatically linked to my bank account and to my website. This means that every deposit I have in my bank account is reflected in Quickbooks, and for every sale I have in my website Quickbooks is receiving: a) sales receipt; b) details on the products sold (inventory is tracked through my website). Questions:
1. When matching an online Bank Deposit with a Sales Receipt (under the section "Select the payments included in this deposit") the amount is double counted. So if I have a sales receipt for £53 and a deposit for £51.16 it says that the total payment is £104.16.
2. Reflection of the fees: for the example above, Paypal had a fee of £1.84. I have read to include this in the section "Add funds to this receipt" as a negative amount, but... £51.16 - £1.84 -> what is this supposed to reflect? This doesn't seem right
3. How do I map the product(s) I have sold to the sales receipt, bank deposit and current value in Stock? -> I cannot find an option for this
4. Under products I only have an option for Non-stock and Services, is this because I have a "Simple Start" plan?
Thank you!
Erica
