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witold1
December 5, 2023
Question

Banking rule with a split does not allow for a negative amount.

  • December 5, 2023
  • 1 reply
  • 0 views

I know, the topic sounds a bit weird... so let me set it up with some context:

My business somewhat regularly receives wire transfers from Canadian and US clients. The bank takes CAD 15 for each Canadian wire and USD 15 for each US wire.  So... a payment for an invoice for USD 1000 will actually show up in my USD account as a deposit of USD 985.  I then manually split the transaction into:

1) Credit to USD Accounts Receivable for USD 1000, and

2) Bank charge of USD 15 (recorded as a -15).

All this works just fine manually, but I was hoping to automate the splitting.  Unfortunately when I try to specify this in a rule, I get a "generic_error".  The error goes away when I turn the USD 15 positive.

Screenshot attached.

 

So... this is probably not as much a plea to the community to help me figure it out, but rather one to QuickBooks to fix this.  Just allow a negative amount, please.

1 reply

J
JamesM4
December 6, 2023

Hello witold1,

 

Thanks for connecting with us here. QuickBooks is designed to help you streamline your work using the powerful accounting features offered in the program. I'll be happy to steer you along the right path from here. 

 

The ability to enter negative amounts, as you've specified above, isn't available in the program. I can see the benefit of having this function and I encourage you to send feedback to our product developers so it can be considered in future updates. To do this, click on the Gear icon and look for Feedback. 

 

In the meantime, feel free to ask other questions. I'm here to assist.

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