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the_tile_setters
February 12, 2024
Question

zelle deposit

  • February 12, 2024
  • 1 reply
  • 0 views

I'm using QB 2023 Premier Plus Contactor Edition

 

Hi,

I had another Contractor Zelle money to my business account to pay me back for lunch the other day.

How do I record this deposit. Which accounts do I use??

Thank you!

Todd

1 reply

February 12, 2024

I appreciate you for posting here in the Community, @the_tile_setters. It's great to know that you'll now receive the payback for lunch from your contractor. I'm here to guide you on how to record the amount in QuickBooks Desktop (QBDT).

 

Once your contractor deposits or gives you the amount for the lunch, you can deposit the money in the account used for the travel expense. Here's how:

 

  1. On the Homepage, click Record Deposits / Make Deposits.
  2. Select the payments you want to combine in the Payments to Deposit window. Then tap OK.
  3. Choose the correct account under the Deposit to drop-down.
  4. Check the deposit total. Ensure the account and selected payments match the deposit slip from your bank.
  5. Fill in the necessary details and click Save & Close to save it.

 

You can also get more details while recording bank deposits in QBDT from this article: Record and make bank deposits in QuickBooks Desktop.

 

Regarding what specific account to use for the deposit transaction, we're unable to suggest what account to use. That said, I recommend seeking help from your accountant to ensure that your books are accurate. They'll also be able to provide more expert ways of dealing with this situation.

 

Please comment on this thread if you have more questions or concerns about recording bank deposits in QBDT. I'll get back to you as soon as possible. Have a great day!