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L
LenaK
August 11, 2021
Question

Reimburse Test Payment

  • August 11, 2021
  • 1 reply
  • 0 views

So I am fairly new at bookkeeping and would like some clarification as to how I need to enter a transaction.

My client's debit machine was having some issues and so an employee made a test payment of $2.00 to the business with the machine. I will be reimbursing the employee for this payment but I do not know how to enter these transactions in Quickbooks to balance the month's entries.

1. How do I receive the payment? Would I make an invoice to the employee and provide a description explaining the deposit and then mark it paid? If not, what do I do in place of that?

2. How do I enter the offsetting transaction to enter the $2 repayment to the employee?

FYI, this is for Quickbooks Desktop.

Thanks for your help.

1 reply

J
JamesM4
August 11, 2021

Hi there,

 

QuickBooks Online is a versatile program that simplifies the way you manage your transactions. I'd be glad to steer you in the right direction so you can get the resolution you need. 

 

Making sure you're recording your transactions properly is an essential step for maintaining clean books. Based on what you've described, I'd recommend reaching out to an accounting professional for expert advice on how to record the transactions. If you're not in contact with a professional, don't worry, you can search for one using this link here.

 

I'll also leave this question open in the Community so other accountant users can share their advice. Otherwise, feel free to ask other questions, I've got your back. 

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