Comprehensive Fix for Accounting/Quickbooks - develop Roadmap
(page 3 )

Status: In Development 51 Votes
Paul W
Jun 27, 2024 10:18 AM
OR Team Member Joined Jun, 2009 833 posts

This is really exciting news, thanks for the update!  Just curious, will this feature update include tracking refunds as well or is it mainly focused on the service fees?

We still are avoiding refunds for the time being.  Yes, I know - that stinks! - and we agree that refunds need to get in there, but QB really screwed us on how they implement refunds (eg. credit memos, changing invoice balances, etc) so it makes it really difficult to implement refunds by a sync.

We decided that it was really important to get Deposits and Fees synced over, and we should push forward on that as we had a clean design for that instead of dithering any longer.  We've held off on QB work for far too long already.

PS. So if you have a deposit that includes refunds in it, OwnerRez will send you an alert that that deposit was skipped and has to be recorded manually in QB.  Looking at the data, we think that this will still help most users with 95% of their deposits as refunds tend to occur <5% of the time.  And often, refunds are in their own standalone deposits and not included in a regular booking/payment deposits.

Alin S
Jun 27, 2024 1:44 PM
Joined Aug, 2022 40 posts

It is very exciting that progress is being made on QBO integration.

I'm not an accountant or QBO expert, but I do use the OR to QBO feature all the time. I'm a little bit confused about what is happening here. I guess the best way to clarify my confusion is by asking: How does this part of the app look in this new world? Specifically, i'm asking about the links at the bottom

 

What I'm guessing is happening is that we have an invoice with payments like in the screenshot above, and the way we add "fees" in QBO is by adding a third "thing,"...the deposit, This deposit is going to have the payments and the fees. does that sound about right? assuming the answer is yes, does it mean the deposit is going to be linked to the app (talking about the screenshot here)?