Importing transactions into quickbooks with iif files

#Importing transactions into quickbooks with iif files code
#Importing transactions into quickbooks with iif files trial

#Importing transactions into quickbooks with iif files trial

Most iMIS users export their transactions in Batch summary mode, and then they perform month-end checks to verify that the iMIS Accounts Receivable Subsidiary Ledger (via the AR Trial Balance) matches the AR Control Account and, if deferred income is used, that similar checks are done to validate the GL Deferred Income control accounts.Дo the following to set the iMISВ account in QuickBooks: This is the way that iMIS is designed to work, so that data does not have to be replicated into two completely independent systems however, iMIS does not have accounts payable or general ledger system functionality. iMIS users traditionally rely on reviewing all transactions and customer accounting status information directly in iMIS. IMIS has very robust Accounts Receivable and Payment Tracking functionality. The setup within QuickBooks includes a simple step to set up a special iMIS customer account to which all accounts receivable amounts will be linked.

In the Expansion field, enter the QuickBooks Vendor Name associated with your tax liability GL account.

#Importing transactions into quickbooks with iif files code

Enter QUICKBOOKS in the Table name field and then enter the code equal to your tax liability GLВ account in the Code field.

From the staff site, navigate to Settings >В General lookup tables.

Using QuickBooks to process sales tax through iMISДo the following to configure the QUICKBOOKSВ general lookup table: All entries in the export file for this GL Account will be assigned to the appropriate vendor, instead of the QuickBooks customer 'iMIS'. Creating this table will associate the QuickBooks vendor with your tax account in the GL_ACCOUNTВ table. You will need to set up a special QuickBooks general lookup table.

You must follow these steps if you process sales tax through iMIS. These required setup steps are outlined below. If you have to charge sales tax through iMIS processing, you must map the appropriate Vendor code to the tax liability account in iMIS. For this purpose, you must set up a special iMIS customer in QuickBooks to which the accounts receivable entries are linked. In QuickBooks desktop, all receivable and payable accounts must be cross-referenced to a customer or vendor account, respectively. Both of these applications are available in the QuickBooks App Store. It is recommended you use either Zed Axis or Guru Importer. Note: QuickBooks Online might require an additional application to import the IIF file. IMIS provides support to meet export requirements for Quickbooks desktop.