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January 6, 2021
Question

How do I post a direct payment to the bank

  • January 6, 2021
  • 1 reply
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1 reply

January 6, 2021

Hello futureshield, 

 

Welcome to the Community! I know how important it's to ensure that your business transactions are properly recorded in your books. QuickBooks Online's banking feature makes it simple to match and record different types of bank transactions. I'd be happy to share some information about this. 

 

If by direct payment to the bank you are referring to a direct withdrawal from your account to pay back a loan or other liability, you can find detailed steps on how to handle this in our Community article Set up a loan in QuickBooks Online. The first two sections go through how to set up the liability itself, while the third section explains how to record your payments towards it. If you're looking for how to record a bank deposit or a customer invoice payment, you can learn more about these processes as well as matching them from the following articles:

 

If you're trying to post a transaction other than the three mentioned above, I recommend reaching out to an accountant for clarification on how to accomplish your goal. You can invite your accountant to view your QuickBooks Online company through the My Accountant screen. If you're not currently working with an accountant, you can use the Find a pro to help button to begin searching for a QuickBooks-certified ProAdvisor in your area. 

 

I hope this helps. Feel free to leave a comment below elaborating further on the transaction you're trying to post so that I may assist you further.