Home Page link  

Report of Accounts Payable by expense?

  
Groups | Search | About
User Password
Register Now! Lost Password?

QuickBooks Discussion board - Discussions about the popular financial software by Intuit

 Post an article  get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
Report of Accounts Payable by expense? Mike20878 02-05-2008
Posted by Mike20878 on February 5, 2008, 3:15 pm
Please log in for more thread options
 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
Please log in for more thread options
> 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
Please log in for more thread options
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


--
Posted via a free Usenet account from http://www.teranews.com


Posted by David Smith on February 6, 2008, 8:34 am
Please log in for more thread options
> 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
Please log in for more thread options
>
>
> > 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.

Similar ThreadsPosted
Why POs Not On Accounts Payable Detail? June 14, 2006, 2:19 am
Multiple G/L Accounts For Sales Tax Payable August 22, 2006, 12:50 pm
Accounts Payable Register Ending Balance February 7, 2007, 10:51 am
Accounts Payable Register Ending Balance February 7, 2007, 10:52 am
Cost of Goods Input Accounts Payable Output July 18, 2007, 5:25 pm
Editing Billing Charges To Customers Through Accounts Payable March 26, 2008, 10:02 am
"Retained Earnings" in a simple Expense report I created... February 22, 2008, 12:49 pm
Any Way to Report on Operating Profits Implied by Accounts Receivable? May 9, 2007, 7:49 pm
payable and receivable May 9, 2007, 3:57 am
Q: Invoicing a Payable December 13, 2007, 10:21 pm

Contact Us | Privacy Policy
This site is not affiliated with Intuit - makers of Quickbooks and Quicken software
This site is not affiliated with Sage Software - makers of Peachtree accounting software
XML SitemapXML Sitemap