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Everything you need to know about connecting your bank and credit cards in QuickBooks Online

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Zed Axis
Level 3

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Hi @paul72 

 

Yes there are a few ways to fix this with Zed Axis.

 

  1. Axis can read IIF files and convert them into qbXML which it imports directly into QuickBooks desktop or Online, when importing this way it will import the VAT code and whether the amounts include or exclude VAT, when it send that to QuickBooks it calculates the VAT correctly.
  2. If you want to "fix" transactions in QuickBooks desktop or online that have incorrect tax amounts on them then Axis can export those out to Excel where you can fix them and then reimport back in and modify the existing transaction.

 

I hope that gives a bit more detail and explanation to your answer about how Axis can help in this scenario. :)

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