Report of Accounts Payable by expense?

Posted by Mike20878 on February 5, 2008, 3:15 pm

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Is there a way to run a report showing the expense accounts that make
up AP? I have a client that is accrual basis for books and cash basis
for tax. I'd prefer to maintain their accrual books and convert to
cash for the tax return. I just can't find a way to easily determine
what expense accounts the AP is hitting. If I try to run the AP
detail and turn on account splits it gives me a zero report.

Thanks.

Posted by Allan Martin on February 5, 2008, 6:09 pm

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> Is there a way to run a report showing the expense accounts that make

> up AP? I have a client that is accrual basis for books and cash basis

> for tax. I'd prefer to maintain their accrual books and convert to

> cash for the tax return. I just can't find a way to easily determine

> what expense accounts the AP is hitting. If I try to run the AP

> detail and turn on account splits it gives me a zero report.

I will give all the other posters a chance to answer this one.

> Thanks.

Posted by N Owen on February 5, 2008, 9:30 pm

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wrote:

>Is there a way to run a report showing the expense accounts that make

>up AP? I have a client that is accrual basis for books and cash basis

>for tax. I'd prefer to maintain their accrual books and convert to

>cash for the tax return. I just can't find a way to easily determine

>what expense accounts the AP is hitting. If I try to run the AP

>detail and turn on account splits it gives me a zero report.

>Thanks.

QB has the option to run the reports either in accrual or cash basis. Just
have your client run his reports on a cash basis for you to do the tax
return. No need to take any time with this! HTH
N Owen

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Posted by David Smith on February 6, 2008, 8:34 am

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> Is there a way to run a report showing the expense accounts that make

> up AP? I have a client that is accrual basis for books and cash basis

> for tax. I'd prefer to maintain their accrual books and convert to

> cash for the tax return. I just can't find a way to easily determine

> what expense accounts the AP is hitting. If I try to run the AP

> detail and turn on account splits it gives me a zero report.

> Thanks.

Modify report button -report basis checkbox "cash or accrual"

Posted by Mike20878 on February 6, 2008, 11:48 am

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> > Is there a way to run a report showing the expense accounts that make

> > up AP? =A0I have a client that is accrual basis for books and cash basis=

> > for tax. =A0I'd prefer to maintain their accrual books and convert to

> > cash for the tax return. =A0I just can't find a way to easily determine

> > what expense accounts the AP is hitting. =A0If I try to run the AP

> > detail and turn on account splits it gives me a zero report.

> > Thanks.

> Modify report button -report basis checkbox =A0"cash or accrual"

That just makes AP go away, it doesn't tell me the breakdown. I am
taking the accrual book balances and putting them into my trial
balance software as I want to maintain the accrual balances for the
financial statement. I need to manually reverse the accruals via tax
journal entries. Just using QuickBooks' cash basis reports for tax
doesn't really work as there are some accrual accounts QB can't handle
that still show up on a cash report.

Thanks.