Accounting
How to Write a Check
1) Select Quick Picks or Banking on the top of your screen and then select Write Checks 2) Select who the check is to be written to Note: You can choose to show vendors, customers, employees, or other names you have written checks to before. You ...
Did you know that the General Ledger Income Statement is your Profit & Loss Report
We often get calls wanting to know how to print a Profit & Loss report. It's called the General Ledger Income Statement in MaxxTraxx Click on the "Reports" dropdown at the top of the Service Schedule screen. Then click on the "Company Reports ...
A/R Payments that use the Reference Number
If a customer makes a payment for an A/R charge, and the payment is from a name that is different from our customer's name, and the payment refers to the Reference Number on the statement rather that to the RO number, it makes it difficult to know ...
Adding or Editing other payee
Occasionally a shop will need to write a check to a person or business outside of their normal vendors. There is a simple way to add the person or business using the "Other Payee" feature. Go to the "Banking" or "Quick Picks" tab at the Top of ...
Export Sales, A/R and A/P Vendor Transactions to Sage Accounting
Export RO and A/P Transactions to Sage Accounting Q. Can you export your transactions from MaxxTraxx into a QuickBooks data file format (.IIF file extension) and import them not only into QuickBooks but also into the Sage Accounting program? Answer: ...
Vendor Quick Check
From time to time you might have to give a vendor a check before you can enter the restock ticket for the part or sublet purchase. For this you would create what we call a “Vendor Quick Check”. This will put a credit on their Vendor Account in ...
Edit Unbalanced Transactions
From time to time a transaction will not post correctly and throw up an unbalanced transaction. You would normally see this when viewing your balance sheet or trial balance reports. To fix the unbalanced transactions you would go to: 'Utilities' ...
Checking and A/P Checking Account Default Setup
To change the default checking account you would do the following: 1. Go to Setups 2. Accounting and Payroll 3. Checking Setup 4. Click the down arrow for both the Default Checking Account and the Default A/P Checking Account, then click OK
Adding Quickbook Export
With the new update the feature of Exporting to QuickBooks is now a setup feature. It will no longer be visible under Accounting unless it's selected in Company set ups. To add QuickBooks as the accounting method to MaxxTraxx you would do the ...
Voiding Bank Reconciliation
MaxxTraxx has a feature that will allow you to void your bank reconciliations. Here are the steps to void a bank reconciliation: Click on banking. View Bank Reconciliation. Select your bank account. The bank reconciliations that have been ...
Wrote checks out of wrong bank account
If you wrote a check in MaxxTraxx and selected the wrong checking account, but it printed on the right checks, here are the steps to fix in MaxxTraxx. To Void the check from the wrong bank account Open Banking / View Check Register Select the account ...
Adding SBA or other loans
Adding SBA or other Loans Most cases these loans are directly deposited into your bank account. There are a couple ways to set this up in MaxxTraxx. One is through Non Invoice Cash In (you will need to set up the transaction in default account ...
Additional Payroll Wage and GL accounts for Covid-19
Question - We have to separate any wages given that were due to the Covid-19. They need to have a separate descriptions and GL account. Go to Setups Accounting & Payroll Default Account Posting Payroll Wages - User Definable Click the edit button ...
Change Sales Tax
This is a two step process you will want to follow. Click on Setups/Accounting and Payroll/Sales Tax Rates Highlight the Tax Rate you need to change, and click on Edit Make your changes and click on Ok to save them That will take care of all future ...
Miscellaneous Check Refunds
How to enter a check for miscellaneous credit into MaxxTraxx to account for it when closing the Cash Drawer Non-invoice Cash In Navigate to your cash drawer and select it Choose the account you would like to add the credit to If the account that you ...