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AmericanRV
March 6, 2024
Question

Vendor refund by check - how to physically deposit?

  • March 6, 2024
  • 2 replies
  • 0 views

I know all about the steps to enter a vendor refund (enter a deposit, create a credit memo, link the two in the Pay Bills window). But  how do I PHYSICALLY get the check to the bank? 

 

Following the above steps -- which are the procedures I've ever found online - only zeroes out the two transactions. It doesn't physically put that refund check on a deposit slip for me to take to the bank.

 

How do I print a deposit with the check included so I can cash the refund check?

2 replies

March 6, 2024

I appreciate you sharing your concerns regarding the refund vendor check, AmericanRV. 

 

I'm here to provide insights into how QuickBooks handles this.

 

QuickBooks is a powerful tool for accurately recording and tracking business transactions purposes only, ensuring the integrity of your accounting data.

 

Concerning printing a deposit, QuickBooks doesn't provide the specific functionality to print deposit slips. You can handle the deposit process by manually submitting it to your bank.

 

I'm sharing this article that will guide you in recording refunds you received from a vendor: Record a vendor refund in QuickBooks Desktop.

 

Furthermore, I'm also adding this link to monitor the payments made to your vendors within a specific period: Customize vendor reports.

 

If you have any further questions or require assistance with any other QuickBooks task aside from vendor refunds, please don't hesitate to add them below. I'll be here to lend a hand.

BigRedConsulting
March 6, 2024

@AmericanRV  RE: But how do I PHYSICALLY get the check to the bank? 

 

Same as any other deposit: Take the check to the bank and deposit it, either using the ATM or with a teller.

AmericanRV
March 7, 2024

Not funny.

Rainflurry
March 7, 2024

@AmericanRV 

 

I don't think @BigRedConsulting was trying to be funny and I had the same thought when I read your post. 

 

Your questions were:

"how do I PHYSICALLY get the check to the bank?" and "How do I print a deposit with the check included so I can cash the refund check?"

 

With all due respect, QB doesn't have any way to print a deposit slip and you need to make a bank deposit at your bank.  Not sure what else you could be asking.