Financial Software

Financial software questions? Ask IT support for answers ASAP

Ask an Expert,
Get an Answer ASAP!

Using QB Online as our accounting software, how would I post…

Customer Question
Using QB Online as our...
Using QB Online as our accounting software, how would I post a Life Insurance payment that is paid by the company so that any payouts would not be taxable.
Thanks
Kevin
Submitted: 9 months ago.Category: Financial Software
Show More
Show Less
Ask Your Own Financial Software Question
Answered in 21 hours by:
11/15/2017
Tech Support Rep: Kris R, Computer Hardware Engineer replied 9 months ago
Kris R
Kris R, Computer Hardware Engineer
Category: Financial Software
Satisfied Customers: 4,548
Experience: IT Manager at Wood Group PSN
Verified

Hi
Sorry for the delay, we are busy and I've just got to your question.
How long has this been happening?
Thanks
Kris

Ask Your Own Financial Software Question
Customer reply replied 9 months ago
Only two months.
Kevin
Tech Support Rep: Kris R, Computer Hardware Engineer replied 9 months ago

OK - to allow me to connect to your PC/MAC, you must install remote access software. The software is below, use the "Family and Friends" version. It's free.
https://www.teamviewer.com/en/
Once installed I need the ID and Password ***** displays, i do not need the one you created, I am looking for the one that TeamViewer gives you when you open the program.
Thanks
Kris

Ask Your Own Financial Software Question
Customer reply replied 9 months ago
Can you just tell me what the transactions should look like?
Thanks
Kevin
Tech Support Rep: Kris R, Computer Hardware Engineer replied 9 months ago

Is it the coding you're looking for?

Ask Your Own Financial Software Question
Customer reply replied 9 months ago
what gets posted to what accounts.
Thanks
Kevin
Tech Support Rep: ABC Accounting Group, Business Consultant replied 9 months ago
ABC Accounting Group
ABC Accounting Group, Business Consultant
Category: Financial Software
Satisfied Customers: 889
Experience: Accounting Manager/CPA
Verified

Hi. I was transferred this question. Are you paying out life insurance to a beneficiary of insurance policy - are you a life insurance company? If not, is it just the normal premiums that you are paying? Just confirming, so I can give you the correct journal entry. Thank you.

Ask Your Own Financial Software Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a tech support repLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Robert M. Your Own Question
Robert M.
Robert M.
Robert M., Consultant
Category: Financial Software
Satisfied Customers: 3,166
3,166 Satisfied Customers
Experience: 30 yrs. of computer experience in financial and marketing departments.

Robert M. is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Robert M.

Robert M.

Consultant

3,166 satisfied customers

30 yrs. of computer experience in financial and marketing departments.

Doug Millington

Doug Millington

Certified Public Accountant (CPA)

268 satisfied customers

Bachelor of Science Cornell University 1979 - CPA since 1981 - Certified QuickBooks ProAdvisor - 30+ years experience.

AnswerCPA

AnswerCPA

Advisor

175 satisfied customers

QuickBooks Pro Advisor

Leanne Stewart

Leanne Stewart

Quickbooks Pro Certified

153 satisfied customers

QuickBooks certified, in my own business for 7+ years.

David Bennett

David Bennett

Certified QuickBooks ProAdvisor

91 satisfied customers

16+ yrs exper. QuickBooks Specialist, contract accounting technician, consultant & trainer!

jgordosea

jgordosea

Enrolled Agent

80 satisfied customers

Three years as Expert support for Turbotax Ask a Tax Expert, Quickbooks support and use >6 yrs

Tom K

Tom K

Assistant Information Systems Manager

47 satisfied customers

Experienced in the usage of Financial programs such as Quickbooks, Peachtree, and Quicken.

< Previous | Next >

Related Financial Software Questions
TO INSTALL QUICKBOOKS PRO PLUS 2017 INTO MY LAPTOP; HOW CAN
I AM TRYING TO INSTALL QUICKBOOKS PRO PLUS 2017 INTO MY LAPTOP; HOW CAN I DO THIS? EVERY TIME I TRY, 2018 QB TRIES TO INSTALL. … read more
Ricky Expert
Ricky Expert
Bachelor\u0027s Degree
1,315 satisfied customers
I have new quick books, can not connect it with old
I have new quick books, can not connect it with old quickbooks. … read more
Michael Hanley
Michael Hanley
Managing Partner
BBA
25 satisfied customers
I have two files for the same company I would like to
Hello, I have two files for the same company I would like to combine. File A has everything pre-2017 and File B has everything post-2017. However, I don't want File B's pre-2017 information to be incl… read more
Emilee Weaver
Emilee Weaver
Controller
Masters of Professional Accounting
90 satisfied customers
How do we prevent duplicate transactions in QB when matching
How do we prevent duplicate transactions in QB when matching transactions on QBO under Bank and Credit Cards. For example if we classify a bank transfer fromChecking Account #1 to Checking Account #2 … read more
Karen Joinson
Karen Joinson
Client Support & Accounting Specialist
Bachelor of Science
66 satisfied customers
How do I correct my "Cash Register" account? It hasn't been
How do I correct my "Cash Register" account? It hasn't been reconciled in about 1 year because of some problems and I'm sure it is going to be off be a large amount (maybe $1000 or more)....I know ...… read more
Karen Joinson
Karen Joinson
Client Support & Accounting Specialist
Bachelor of Science
66 satisfied customers
How do I post a deposit to an incorrect bank account? I have
How do I post a deposit to an incorrect bank account? I have a couple of small businesses and the bank deposited the money in the wrong business. I don't know how to post it so that I can withdraw it … read more
Jade Adams
Jade Adams
Bachelors Degree
15 satisfied customers
In QB, how can should I zero-out the "Unapplied Cash
In QB, how can should I zero-out the "Unapplied Cash Payment Income". Not sure how these monies got there ($40) but I would like to zero that out.Thanks Kevin… read more
Jason M. Tyra, CPA
Jason M. Tyra, CPA
Principal
Master\u0027s Degree
167 satisfied customers
Need help creating a Journal entry in Quickbooks 2016 to
Need help creating a Journal entry in Quickbooks 2016 to move Owner Equity Distributions to Owner Equity (2 owners and 2 seperate Owner Equity accounts). Also, what should the date be 12-31 or 1-1 ? I… read more
Mark D
Mark D
Master's Degree
985 satisfied customers
Can I get Quickbooks 2016 to print 1099-Int? I have a small
Can I get Quickbooks for Accountants 2016 to print 1099-Int? I have a small business loan company that loans money and now I need to let my clients know what interest they paid and I had an expectatio… read more
Robert M.
Robert M.
Consultant
Bachelor's Degree
3,166 satisfied customers
Im looking for simple software to consolidate finances from
I'm looking for simple software to consolidate finances from different companies: - work with Quickbooks - work with Google Docs spreadsheets - import archives from Excel - should be able to import fi… read more
QuickBooks ProAdvisor MBA PHR
QuickBooks ProAdvisor MBA PHR
Master\u0027s Degree
82 satisfied customers
I have an architectural business and I like to use quick books
I have an architectural business and I like to use quick books somehow to collect hours for drafting time. I have an invoice format that i can attached to show an example. My guys right now put there … read more
Richard
Richard
IT Manager
IT Manager, Consultant
3,474 satisfied customers
I have a computer business start up that needs a Point of Sale
I have a computer business start up that needs a Point of Sale system (POS). I have looked at Cougar Mountain, Intuit, and others. Costs seem to be around $1500 in most cases. I am using Quickbooks 20… read more
fastfile
fastfile
Tax Advisor
Master's Degree
550 satisfied customers
I downloaded Quicken Basic 2011 thru an offer from Turbo Tax.
I downloaded Quicken Basic 2011 thru an offer from Turbo Tax. I have a new computer w/ windows 7 & and transfering from the old computer to the new one the program didn't transfer. Can I download Quic… read more
Kevin
Kevin
Self Employed Network Consultant
High School or GED
1,943 satisfied customers
Had a virus or ? in our computer system. Service people completely
Had a virus or ? in our computer system. Service people completely emptied out the system and we are putting back info in at this time. Service man said we would have to contact quickbooks/intuit to r… read more
Kevin
Kevin
Self Employed Network Consultant
High School or GED
1,943 satisfied customers
Our Company just went public and under the SEC & SOX regualtions,
Our Company just went public and under the SEC & SOX regualtions, does the process QB enterprise solution has for closing of the books and setting a password XXXXX line with the rules & regualtions se… read more
BridgetMartin
BridgetMartin
Consultant
Bachelor\u0027s Degree
32 satisfied customers
We have a customer/tenant who is reimbursing us for commercial
We have a customer/tenant who is reimbursing us for commercial insurance we pay for them. Unfortunately that one customer account has a GL account attached to it that is for rental income because we r… read more
Leanne Stewart
Leanne Stewart
Quickbooks Pro Certified
153 satisfied customers
I need to reinstall my quicken 2010 software on a new computer
I need to reinstall my quicken 2010 software on a new computer I just bought. The new computer is running Windows 7 OS software. The software tells me I need an "unlock key" so I can uninstall it from… read more
Kevin
Kevin
Self Employed Network Consultant
High School or GED
1,943 satisfied customers
I keep getting this message - Quickbooks found an error when
I keep getting this message - Quickbooks found an error when parsing the provided XML text stream… read more
Maggie P
Maggie P
HNC Computing
503 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x