Accounting for Opening BTC Balance in QBO by TacT in QuickBooks

[–]blockpath 0 points1 point ·  (0 children)

Hello KD,

I believe I've found the issue. I think a portion of Blockpath's UI during QB account creation is confusing and could be improved to make the process clearer.

A Blockpath wallet supports having private Blockpath-only addr/xpubs, along with QuickBooks addr/xpubs. Unfortunately, when upgrading a Blockpath account to support QuickBooks, the Blockpath-only items need to be deleted from the wallet and re-added as a QuickBooks item.

I'll send you an email with a more detailed response. I've added a small warning in the account manager window to explain this as well.

To your initial balance question: Currently, no, you can not set an initial balance for an account. All transactions for the addresses are synced into QuickBooks from the start.

Previously, I did have a feature to start the transaction sync from a start date the user enters and set an initial balance for transactions before that, but this complicated the capital gains/losses + reconcile features a bit. If this is something you are interested in, I can definitely look into it again, it is possible.

Thank you so much for using Blockpath. I really hope this can make your accounting easier, manual data-entry is no fun! I'm available 100% to make this better for you, and I'm crediting your account for an extra week free for your troubles.

-Matt

Accounting for Opening BTC Balance in QBO by TacT in QuickBooks

[–]blockpath 0 points1 point ·  (0 children)

Hello KD,

I'm looking into your case now. Blockpath should create QBO accounts for each of your addresses/xpubs you add into Blockpath, and begin syncing all transactions into QBO after completing the setup and enabling the sync from our dashboard.

I'll send you another message soon when I have more information.

-Matt

QuickBooks is showing the wrong ending balance by greg77 in QuickBooks

[–]blockpath 0 points1 point ·  (0 children)

Hello Greg,

We have noticed that bug before, and we have confirmed it is a problem with QuickBooks. It can happen when an account is deleted and then recreated in a short time period, QuickBooks gets confused on the account's balance somehow.

It can be fixed by simply running the Reconcile feature from within QuickBooks (not Blockpath!). That seems to force QuickBooks to recalculate the account's balance and should fix the issue.

I'm glad you are enjoying our app!

Thank you!

-Matt

New Features: Privacy oriented address tracking with address+tx labeling. by blockpath in Blockpath

[–]blockpath[S] 0 points1 point ·  (0 children)

Thank you! I really appreciate it. I'm working everyday to make it better, if you have any ideas just send me a message and I'll look into it

The transaction that can XSS attack unprepared block explorers by [deleted] in Interesting

[–]blockpath 0 points1 point ·  (0 children)

Need to redo this post to get new tx data that includes confirmations

blockpath[A]

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