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November 27, 2021
Question

I made a transfer now it is showing a deposit and a payment I need to fix this issue

  • November 27, 2021
  • 1 reply
  • 0 views
deposit made but now it is showing a debit for the same abount

1 reply

November 27, 2021

Glad to see you here in the Community, @sfrintz-risingsu.

 

 

Allow me to share some information on why a transfer is shown as a deposit or payment.

 

 

When you make a transfer from the same account, you'll get this error. You'll want to credit one account and deposit the money into the other.

 

 

Transfer, Expense, and Deposit transactions reflect money transfers between bank (asset) and credit card (liability) accounts.

 

 

You can also check out these helpful articles about handling bank transfers and other transactions in QBO :

 

 

Please feel free to reply to this thread if you have other questions about QuickBooks or bank transfers. I can help you anytime. Have a great day!