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LRhoades
December 26, 2023
Question

Payment deposit with fees

  • December 26, 2023
  • 1 reply
  • 0 views

We received our ACH payment for transactions through our POS in the amount of $332.73 with the standard fee $8.06. However, there was also a payment reversal on this deposit of $442.00. So my deposit now shows as an expense of $117.33. How do I show my two invoices paid from the $332.73? I tried to do a match, then resolve the rest as an expense, but it only pulls up bills due, not the invoices that need showed paid. 

The screenshot shows the deposit $332.73 and the two charges. How do I get this entered?

1 reply

MariaSoledadG
MariaSoledadG
December 26, 2023

Hello there, LRhoades.

 

It looks like you've posted your concern twice. In case you aren't updated, let me route you to this link to get this resolved: https://quickbooks.intuit.com/learn-support/en-us/banking/re-we-received-a-deposit-for-332-73-however-there-was-also-a-8/01/1361578#M106809.

 

Anyway, for you to have a visual guide, check out the screenshots below:

 

When creating an expense transaction, the flow must be similar to this.

 

Next, receive the customer. Then, match the 117.33 amount. This time, you should be able to locate the amount. 

 

Moreover, to ensure all your accounts are balanced and accurate, learn how to reconcile them. I've added this article for reference: Reconcile An Account In QuickBooks Online.

 

Feel free to let me know if you have any concerns when recording your deposit. We're here to make sure everything is taken under control. Have a nice day!

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