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M
mjoal
July 28, 2020
Question

Edit Payment from Previous Month

  • July 28, 2020
  • 1 reply
  • 0 views

I received a payment in March from an Insurance Company which I applied to the corresponding invoice .  The insurance company has now changed that invoice and have reversed the original payment and have paid the new amount which is less than the invoice they had paid back in March.  They have paid this along with other invoices all on the same Direct Deposit in July.  When I am entering the payments in the Receive Payment screen, how do I show the first payment credited and the new payment applied.  On the Direct Deposit payment sheet from the insurance company it shows - $2994.43 and + $2887.01.  These payments are with 18 other invoices in the same Direct Deposit I'm not sure how to get the deposits to match. 

1 reply

J
JamesM
July 28, 2020

HI mjoal, 

 

Making sure you're recording your transactions the right way is a good exercise for preventing errors in your books. I'd be glad to steer you in the right direction so you can properly match the transaction.

 

I want to make sure you get the best answer on this and I recommend reaching out to an accounting professional for expert advice. If you'd like to connect with QuickBooks certified accountants, you can search for them using this link here. 

 

I also recommend reviewing this helpful article with more info on how to : Add and match Bank Feed transactions in QuickBooks Desktop. In case you have other questions, feel free to contact our support team using this link here. Otherwise, leave a comment below and I'll make sure to get back to you.

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