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October 18, 2022
Question

How do you reconcile a direct deposit paycheque that goes to 2 accounts?

  • October 18, 2022
  • 1 reply
  • 0 views
The total amount appears to be matched but then 2 separate transactions appear in my bank statement.  How do I reconcile this?

1 reply

October 18, 2022

Hey there JF55,

 

Thanks for reaching out to us here. QuickBooks Online is a great tool able to help balance your books. Making sure you're recording your transactions properly is an essential step for maintaining clean books. I can point you in the right direction.

 

To ensure accuracy in your books, I recommend reaching out to an accounting professional for expert advice on creating these types of transactions. They'll be able to guide you in choosing the correct transaction type as well as which accounts to affect so that your accounts can end up with the right balance. You can add your accountant to your books by going to the My Accountant tab of your QuickBooks account. You can also find an accountant that has experience using QuickBooks near you by clicking on the Find a pro to help option in that section.

 

If you have any other questions, feel free to reach out here.