====== Company File Selection and GL Account Settings ======

~~CONTEXTID:492~~

~~OLDHREF:companyfilesettings.html~~

**Open** the Liberty REACT Inventory Module and then click the **QB Link** icon.

{{libertyreact:lib:newitem1189.png|NewItem1189.png}}

  - With the Quickbooks Link open, click the **File** menu at the top left corner and select **Settings**. \\ {{libertyreact:lib:newitem1188.png|NewItem1188.png}}
  - Select the **General** tab on the left, then select the radio button next to either **Desktop** if it is not already selected. \\ Next click the **Browse Folder** button. \\ {{libertyreact:lib:newitem1187.png|NewItem1187.png}}
  - Search for the company file you wish to work with and click **Open**. \\ Note: In most cases the company file will be located at: C:\Users\Public\Documents\Intuit\QuickBooks\Company Files\ \\ {{libertyreact:lib:newitem1186.png|NewItem1186.png}}
  - If you receive the following message, click the **OK** button and close your Intuit Quickbooks program, then click **Open** again. \\ {{libertyreact:lib:newitem1185.png|NewItem1185.png}}
  - Click on the **Advanced** Tab. \\ From here you can edit the Liberty specific GL account names that get inputted automatically when Liberty syncs. \\ You can also select whether you want to separate consignors as vendors in Quickbooks. \\ {{libertyreact:lib:newitem1184.png|NewItem1184.png}}
    * **Consignment Payable**: \\ This is an Accounts Payable **General** Ledger account that maintains all of the consignor obligation owed to consignors.  When a check is written, the total consignor obligation owed will decrease from this account.
    * **Consignment Non-Payable**: \\ This is a sub-account of the consignment payable general ledger account. This account maintains all of the non-payable obligation owed to all of your consignors.  When a consignor’s store credit is used towards a purchase, the value maintained within this sub-account will decrease.
    * **Item Fee**: \\ This account maintains the total item fee dollar value you have received when items sell with an item fee.
    * **Web Surcharge**:

This account tracks any fees you have collected
==== Next Article In Section ====

Click the following link to move to the next article in this section: \\ [[:quickbookslink:qbdesktop:qbcompanyfile|Setting Up Your Quickbooks Company File]]

==== Related Topics ====

[[quickbookslink:qbdesktop:companyfilesettings]]
[[quickbookslink:qbdesktop:qbdesktopoverview]]
[[quickbookslink:qbdesktop:qbcompanyfile]]
[[quickbookslink:qbdesktop:qdfirsttime]]
[[quickbookslink:qbdesktop:subqbdesktop]]
[[quickbookslink:newtopic17:qbdesktopvid]]
[[quickbookslink:newtopic17:qbonlinevid]]
[[quickbookslink:newtopic17:qbtransactionsvid]]
[[quickbookslink:newtopic17:subaccountsvid]]
[[quickbookslink:qbonline:qbonlinefirsttime]]
[[quickbookslink:qbonline:qbonlineoverview]]