Accounting

Accounting Review is not enabled for every workspace. It requires QuickBooks access, a connected QuickBooks company, Accounting Review mode, and permission to view Accounting.

The Accounting tab is an advanced QuickBooks accrual-accounting use case. It helps prepare received payments as deferred revenue and recognize event revenue in QuickBooks. It is not required for ordinary event planning or payment use.

The workspace-wide Accounting page helps you find receipts and events awaiting review. Use this event's Accounting tab to inspect its individual records and proposed journal entry.

The page brings together four related areas:

• Customer Attribution chooses the FlowerBuddy client and linked QuickBooks customer for the event's accounting records.

• Line item mapping connects billable event items to FlowerBuddy reporting accounts and their QuickBooks accounts.

• Cash receipts / deferred revenue shows received event payments and the amount already recorded as deferred revenue.

• Journal entry preview shows the posting FlowerBuddy can create for event revenue recognition and explains issues that prevent syncing.

Work through the page from customer attribution and mappings to received payments and the journal entry preview. Syncing is an external QuickBooks action. Confirm the connected company, customer, accounts, amounts, and warnings before confirming a sync.

In this section

• Choose the QuickBooks customer for an event

• Map event line items to reporting accounts

• Review and sync event cash receipts

• Review and sync event revenue recognition