Those associated with keeping financial track records in a business will understand very well the importance of good accounting. The world of business today is based on a lot of legal as well as financial factors. Accounting tools such as Accounting Software help you stay up-to-date regarding financial records efficiently. It is important to have your financial records sorted for a business to function properly; especially during submitting of tax reports.
Tip#1: Quick method to converting Accounting Software online to Accounting Software desktop easily without any error.
Using Accounting Software for Data Recording and Reporting
Now for this to function accurately, the recording and reporting of data need to be accurate. Using Accounting Software in this aspect is a smart idea indeed. You have to be careful about the accounts though as making mistake in this area can cost you a lot of money or worse, leave you unpaid. Another problem is also paying too much in taxes because of miscalculation. Accounting Software is the best possible way you can get to avoid making these mistakes. When you check your accounts, if the receivable amount doesn’t add up then there is clearly a mistake in your Accounting Software files. It causes a lot of problems when even after checking all the customers and their due details, the balance doesn’t add up.
The Common Accounting Software Error
The most common error that happens is when you know the customer paid in full and yet the balance doesn’t add up. Your Accounting Software account details have to be extremely accurate in order for them to add up. For example, if there is a negative balance in the client’s account, then they have probably overpaid. If there is no credit balance or it is showing incorrect, then clearly the account balance is also incorrect. Often it is the situation where invoice was not created yet payment was. In this case the account balance is bound to be incorrect.
The way to solve this is to delete certain payments in Accounting Software if you find that the customer overpaid. Go to transactions, then click on sales. After that go to filter, and under there select that the money was received. After that, click “apply” and then go to payment option. From there you will find “More” located at the screen bottom. There you will find the option to delete. This way you can operate and rectify your mistakes.
Tip#2: Do you know how to delete and void checks in Accounting Software 2017 in closed period.
Call Our Accounting Software Technical Assistance:
If still some issues occur after this, it is probably time to get help from some professional. Fortunately, Accounting Software Assistance phone number are always there to guide you through such situations. Feel free to contact them at any time of the day to get your solutions quickly.
FAQs
1. What to do when you upload the wrong payment of the customer and want to upload a new one?
In this case, you have to delete that payment of the customer and then create the new one in replacement. For this, the steps are:-
? In Accounting Software, click on the Customers menu
? Select the Customer whose payment you want to delete
? Now all the payments are visible to you related to that customer
? Then select the payment and scroll down and click on the Delete button
? After this, click on the + sign to create or add a new one and receive payment
? Now enter all the details properly to complete this new payment.
2. How to delete the affected invoice payment?
? In Accounting Software, open the invoice that is affected
? In the right panel, there you get 2 options
? From that, click on the Transactions tab
? In the Related Transactions, you can see the deposit that is used as the payment
? Then to open the Make Deposits window, click on the Deposit Transactions
? Now click on menu option Edit
? From drop-down list, click on the Delete Deposit
? In the end, click on the button Ok when the conformation displays on your screen.
3. What are the steps for removing payment from the Accounting Software Deposit?
? In the Accounting Software Desktop home page, click on the option name Record Deposits
? It opens up the Make deposit window to you
? In Deposit window, click on the cancel button to close payments
? Click on the Previous icon to move through all the deposits
? Now click on the payment that you want to delete
? After that, click on the Edit menu and select the option Delete Line
? Give the confirmation if asked by clicking on Yes button
? Then Save and Close the changes that are done.
4. How can the duplicate deposit be deleted?
? Open Accounting Software Desktop
? Click on the Banking option from the Top menu
? Click on the Bank Feeds
? Then select the option Bank Feed Center
? Click on the List button of transactions
? Check the duplicate deposit
? Tick mark on it
? Click on Ignore option in the Action Column
? In the end, click on the Yes button to delete it.