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June 29, 2022
Question

Bank errors and reversals

  • June 29, 2022
  • 1 reply
  • 0 views

The bank we use has been depositing money and has been making errors to where they will show the deposit twice then they reverse one of them how do I add these into QBO

1 reply

June 30, 2022

I've got some steps we can perform to reverse the QuickBooks Payments, @deborahjtappan

 

Using the Reverse a Transaction feature in your QuickBooks Online account, we can cancel the transaction.

 

Proceed as follows:

  1. Sign in to your QuickBooks Payments account.
  2. Tick the Processing Tools drop-down and select Reverse a Transaction.
  3. Fill out the necessary fields.
  4. Tap Search.
  5. Choose the transaction you want to refund.
  6. Press Submit.

 

We can also use the Reverse (Void/Credit) option in your QuickBooks Payment account to reverse the payment.

 

 Let me show you how:

  1. Click the Activity & Reports drop-down and select Transactions.
  2. Enter the date period.
  3. Tap Search.
  4. Choose the Transaction ID or the transaction you want to reverse.
  5. Hit Reverse (Void/Credit).
  6. Place a checkmark on the transaction.
  7. Press Submit.

For more details about this one, check out this article: Void or refund transactions in QuickBooks Payments

 

Visit our Merchant Services page for more insights about managing your QuickBooks Payments.

 

Need help in handling bank transactions? Check these links:

Let me know if there's anything else you need with your bank concerns. Just leave a comment below. I'll be right here to provide the information that you need.