Hi all,
I hate to do this but I believe we have some smart people here that can aid me with this hopefully.
I've tried the quickbooks community, my accountant and a friend that does auditing with no luck. The best answer I get is to do this as a journal entry. I do not want to do this everytime as a journal entry.
I'm currently moving an insurance agency I bought from a old book and general ledger system to quickbooks. It's been working great till now.
Here is my problem.
View attachment 2044
this is an image of my excel statement for the month of September.
In most cases I need to shoot a premium check to the insurance company and I just list the account/amount/ and customer job on the check till I get the total due.
The income shows up on the invoice I send to the customer, no problem.
The problem I have on this statement is that I have a check of $739 going back to Dean. And a premium check coming to me for $270.96 from the company.
The problem is I'm not currently writing a check of $214.64, $38.70 or $140.80 to the insurance company now, so I don't know how to balance Pauls account, Toms account and Calebs account.
I can always issue a credit memo which reflects the money going back to me and going out to the customer.
I very much appreciate the help.
I hate to do this but I believe we have some smart people here that can aid me with this hopefully.
I've tried the quickbooks community, my accountant and a friend that does auditing with no luck. The best answer I get is to do this as a journal entry. I do not want to do this everytime as a journal entry.
I'm currently moving an insurance agency I bought from a old book and general ledger system to quickbooks. It's been working great till now.
Here is my problem.
View attachment 2044
this is an image of my excel statement for the month of September.
In most cases I need to shoot a premium check to the insurance company and I just list the account/amount/ and customer job on the check till I get the total due.
The income shows up on the invoice I send to the customer, no problem.
The problem I have on this statement is that I have a check of $739 going back to Dean. And a premium check coming to me for $270.96 from the company.
The problem is I'm not currently writing a check of $214.64, $38.70 or $140.80 to the insurance company now, so I don't know how to balance Pauls account, Toms account and Calebs account.
I can always issue a credit memo which reflects the money going back to me and going out to the customer.
I very much appreciate the help.
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