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TCHagmann
September 25, 2024
Question

NSF using Merchant Services

  • September 25, 2024
  • 1 reply
  • 0 views

I pulled money from my clients account using the e-checking feature in QB.  I just found out he did not have the funds. How do I make the adjustment in QB?  I know how to do it if it was a check but I used QB to pull the funds.

Terri

 

1 reply

FishingForAnswers
FishingForAnswers
September 25, 2024

@TCHagmann  The check functionality works fine for this.

 

You would enter 'eft' or 'debit' or some such into the Check Number field.

 

You would use something along the lines of Bank Service Charges, or an outright NSF Fee expense if you want to be that specific, for the expense account in the amount of the NSF fee.

T
TCHagmannAuthor
September 25, 2024

I do about 20 of these at a time so I shows one deposit and with in that one is the customer that had NSF. So I can not enter anything in the check number field because of the other 9 accounts that were included in this deposit from my bank.

 

 

 

FishingForAnswers
FishingForAnswers
September 25, 2024

@TCHagmann  Either I'm not understanding you, or you're not understanding me.

 

When I referred to the check functionality, I was referring to the 'Write Check' function, the same as I assumed you were referring to.

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