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QuickBooks Online Accounting FAQs

General

How to use QuickBooks Classes for Transaction Types

How do I use QuickBooks Classes marketplace tracking in QuickBooks?

Should I use QuickBooks Journal Entries or Sales Invoices?

Why is my QuickBooks journal entry name defaulting to my previous accounting service?

What is the "Receive Payment" Option for QuickBooks Invoices?

How do I unlock a closed period in QuickBooks?

How do I create a new invoice customer for QuickBooks?

How do I create a Cost of Goods Sold account and an Inventory Asset account in QuickBooks?

How are negative invoices sent to QuickBooks?

How do I delete a journal entry or sales invoice after sending to QuickBooks?

What is the Carried Balance Account?

How do I create a clearing account in QuickBooks? (Receive bank payment not in home currency)

Amazon

How do I Reconcile Sales Invoices with Amazon bank payments in QuickBooks?

What QuickBooks accounts do I select in payment settings for Amazon?

Can I convert a foreign Amazon marketplace currency to my home currency in QuickBooks?

Troubleshooting / Other

Please balance your debits and credits (QuickBooks)

QuickBooks: Business Validation Error: Transactions can have only one foreign currency at a time.

Payouts Imported but Not Posted to Accounting

I see duplicate entries in QuickBooks or Xero

My payouts are not showing: what to check for Shopify, eBay, Walmart and Etsy

Inventory

Cost of Goods Sold (COGS) Invoices vs. Inventory Sync for QuickBooks

BETA: Tracking SKU Profitability in QuickBooks

BETA: QuickBooks Inventory Sync for eBay, Shopify, Etsy and Walmart

BETA: QuickBooks Inventory Sync for Amazon, Etsy, eBay, Shopify, and Walmart