Skip to main content
December 1, 2023
Question

How can I accumulate a number of bank deposits and make one journal entry to allocate to income accounts vs. entering each individually

  • December 1, 2023
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

December 1, 2023

Welcome to the Community, bill177.

 

Thanks for connecting with us here. I'd be happy to point you in the right direction regarding deposits.

 

Bank deposits can include an extensive amount of individual transactions. I suggest entering the deposits to the undeposited funds. This will allow you to record the deposit as it appears in your real life bank account. This article will provide the steps on how to deposit payments.

 

In addition, to ensure the accuracy of your books, I also encourage you to reach out to an accountant for expert advice. They'll be able to better guide you on how to get the correct balance. You can add your accountant to your books by following the steps in this article. You can also find an accountant who has experience with QuickBooks near you by clicking on this link.

 

If you have any other questions, you can reach back out to me here. Hope this helps.