banking - QuickBooks Online Banking - Unmatched Transactions Defined

Using online banking with QuickBooks is a huge time saver, but not if there are problems with it. One common source of problems is downloaded transactions that cannot be matched. When transactions are downloaded from the bank or credit card company, QuickBooks assigns each a "Matched" or an "Unmatched" status, then places all of them into the Online Banking Center's QuickStatement. The "Matched" status means only one thing: you previously entered the transaction into QuickBooks, then when the transaction cleared the bank and was downloaded, QuickBooks "Matched" the downloaded transaction with the transaction already entered. The "Unmatched" status is where problems occur. The "Unmatched" status actually means one of four things: 1. It's brand new. The transaction was not previously entered into QuickBooks. If this is the case, enter the transaction now. QuickBooks will assign it the "Matched" status. 2. It's different. The transaction was previously entered into QuickBooks, but in a different amount than how it cleared the bank. If you are sure you already entered the transaction into QuickBooks, scroll through the bank register to find it. Once you do, change the amount to the downloaded amount. QuickBooks will automatically match it. 3. It's already downloaded. Sometimes clients accidentally overlap download dates, meaning that they download the same transaction more than once. If there are entries in the register that have a small lightening bolt in the Cleared column, these have been downloaded already. QuickBooks will not match them to transactions in the QuickStatement, even if they are the same transaction. 4. It's reconciled. This is similiar to #3, but instead of being previously downloaded, the transaction is reconciled. To verify if this is the case, scroll through the register and look for transactions with a checkmark in the Cleared column. Again, QuickBooks will not match them to entries in the QuickStatement, even if they are the same transaction. Notice that once the first two situations are resolved, QuickBooks automatically matches them. But in the last two situations, QuickBooks will not match the transactions; they are unmatchable. If you determine that some downloaded transactions are unmatchable: Make sure that all matchable transactions are matched. You are going to delete the QuickStatement, and if you accidentally delete matchable transactions, you may later have to enter them manually. Once all matchable transactions are matched, click Done. QuickBooks will ask if you are sure you want to finish. Click Yes. You are now at the Online Banking Center main page. Delete the QuickStatement by clicking the Delete button located near the lower right corner. That's it. Your unmatched problems are over, and you now understand the process better. This will help you circumvent future problems when using online banking with QuickBooks. About the Author: Jennifer A. Thieme is a Certified QuickBooks ProAdvisor who loves to help people with QuickBooks. She brings unique insight, clear instructions, and over ten years of experience to all of her QuickBooks articles. Owner of Solid Rock Accounting Services, Jennifer's clients enjoy these same benefits on a personal and regular basis. You can too - visit http://www.jenniferthieme.com and contact Jennifer today. Article Source:http://EzineArticles.com/?expert=Jennifer_A._Thieme banking - Business Opportunity Seekers Finding a job is no picnic! But, this doesn't mean you should listen to the ramblings of people that claim there are NO jobs currently available. Some folks will state that the job market is dead, but this is totally false. If they're not finding anything, then they're either a convict or they're just not looking hard enough. Trust me when I inform you that the unemployment rate is down in the USA. There are jobs to spare. The only trick is you have to be focused and driven. So, for all you business opportunity seekers, I think it's time you took a dive into cyberspace and explored the infinite options. The Internet IS the number one place to search for job openings in this day and age. Only a fool would still waste time flipping through a newspaper. This is plain and simply too time consuming. You can get so much more done with a PC or Mac. All you need is Internet access. There are even online resources concerning business opportunity seekers that you can subscribe to. Get hooked up with these email listings in order to stay on top of the game. I prefer job engines such as Monster.com. My wife recently updated her resume and posted it on this job search engine. She heard two replies from potential companies the following day. That is pretty darn fast. Employers simply review your resume on the web and then contact you by phone and/or email. It's such a convenient process for job seekers. So maybe you're down in the dumps and currently unemployed. Well it's time to remedy this sad situation with online newsletters for business opportunity seekers. You too can acquire the job or home employment solution you're searching for. These days it is totally viable to work for yourself. There's no longer a NEED for a large company or industry paying your wages. With some assistance from your personal computer, any business opportunity seekers can make their dream of becoming self-employed, a reality. All it takes is a determined attitude, an idea, and some persistence. Earn the kind of income you were meant to. Who ever said that the only business opportunities had to come from big companies with "the man" passing out orders?

banking - Business Opportunity Seekers

Finding a job is no picnic! But, this doesn't mean you should listen to the ramblings of people that claim there are NO jobs currently available. Some folks will state that the job market is dead, but this is totally false. If they're not finding anything, then they're either a convict or they're just not looking hard enough. Trust me when I inform you that the unemployment rate is down in the USA. There are jobs to spare. The only trick is you have to be focused and driven. So, for all you business opportunity seekers, I think it's time you took a dive into cyberspace and explored the infinite options. The Internet IS the number one place to search for job openings in this day and age. Only a fool would still waste time flipping through a newspaper. This is plain and simply too time consuming. You can get so much more done with a PC or Mac. All you need is Internet access. There are even online resources concerning business opportunity seekers that you can subscribe to. Get hooked up with these email listings in order to stay on top of the game. I prefer job engines such as Monster.com. My wife recently updated her resume and posted it on this job search engine. She heard two replies from potential companies the following day. That is pretty darn fast. Employers simply review your resume on the web and then contact you by phone and/or email. It's such a convenient process for job seekers. So maybe you're down in the dumps and currently unemployed. Well it's time to remedy this sad situation with online newsletters for business opportunity seekers. You too can acquire the job or home employment solution you're searching for. These days it is totally viable to work for yourself. There's no longer a NEED for a large company or industry paying your wages. With some assistance from your personal computer, any business opportunity seekers can make their dream of becoming self-employed, a reality. All it takes is a determined attitude, an idea, and some persistence. Earn the kind of income you were meant to. Who ever said that the only business opportunities had to come from big companies with "the man" passing out orders? For more information on how to find the Best Business Online try visiting Small Business Start located at http://Small-Business-Start.com where you will find valuable information on internet marketing, making money and other information. Article Source:http://EzineArticles.com/?expert=Dominic_Ferrara banking - Understanding Large-Scale Commercial Mortgage Financing Part-03 This third and final installment of the mini series regarding large-scale commercial mortgage financing will generally discuss how to select a commercial mortgage broker or banker, issues you can expect to deal with and how to protect yourself in the process. If you have not read part 01 and 02 of this series, you should do so now. As mentioned, the commercial mortgage brokerage business is not well regulated and there are many unscrupulous and crooked operators in the market'shysters who will require up-front fees before you get a loan. And depending on the amount of financing you are seeking, these fees can be substantial, typically one percent (1%) of the loan amount. In reality, there is no value in paying a commercial mortgage "broker" any up-front fees to get a commercial mortgage for a grade-A income producing property. Why? Typically, commercial mortgage brokers do not provide financing directly to the borrower. Instead, they tend to represent mortgage "banking firms", a much more qualified and professional level of operation, who represent life insurance companies in the market. Now, paying fees to mortgage banking firms is a different story because you are dealing with a legal representative of the insurance company providing the financing and applications fees are normally paid to these banking firms at the appropriate time (generally discussed in part 1-2). Dishonesty, however, runs in both directions in this business and borrowers can be just as crooked as the brokers. For this reason, brokers often demand borrowers to sign non-disclosure/non-circumvention agreements (non-comps) to prevent the borrower from going around the broker directly to the lending organization. This is fair. The mortgage broker has taken time and money to develop conduit relationships with mortgage banking firms which you would not find own your own unless you are already a player with some deals under your belt. Before you sign any agreements with a broker, make sure you get legal review, even if you think that you understand the agreement. Many non-comp agreements tend to run in perpetuity and can bind you for a long, long, time from ever seeking financing own your own without the broker. There are a variety of non-comps floating around and some are better than others. Make sure you have an attorney review them before signing. If you do sign a non-comp, makes sure you get a registered list of the broker's lenders, in writing, so that you are limited only to their current source of lenders. This way you can deal with lenders not on the list directly. The only time it is reasonable to pay a broker a fee, and I was in the business for quite awhile, is if they are preparing loan request packages for submission to banks (typically business and/or construction loans). Another occasion to pay fees if the broker is consulting and advising you for the assembly of legal and financial documents needed to facilitate a loan. In this case, there may be some justification for fees and it is a matter of what you are willing to pay. What's the hourly rate worth? That's a gut call, around $50.00 hour for every actual billable hour with per-project limits pre-set to say $250.00. When they hit the $250.00 mark, you want to see an audit trail of the billable schedule before authorizing another $250.00 project. Always work in phases to maintain control. What does a bank package cost? For business and construction loans it is not uncommon to pay $1,500 to $5,000.00 or more depending on the size and complexity of the deal. There is a big difference between a $100,000.00 construction loan and a $1,000,000.00 loan. As with any business relationship in which you find yourself pressed to sign legal documentation it is always a good idea to get legal review first. I have repeated this many times throughout these articles because many people ignore this advice until they sign a document, and them it is to late. To your success! Do you like this tip? You haven't seen anything yet! Check out our Smart Books Business products by clicking the link below. We have business kits, books and ebooks to help you get smart-fast. Check us out.... We'll save you a TON of time and money. Copyright ? 2006 James W. Hart, IV All Rights reserved