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amelialb
July 29, 2022
Question

Change how Payment Link Money is Recorded

  • July 29, 2022
  • 1 reply
  • 0 views

Money received via payment links are being automatically categorized as sales income when we would like them to be counted as payments on customer accounts. Is there a way to change how the received payments are recorded automatically?

1 reply

T
TirzahC
July 29, 2022

I'm here to help you choose where to record the payments, amelialb.

 

QuickBooks Online automatically records deposits and fees for your QuickBooks Payments transactions. You may check if they deposited to the account correctly.

 

  1. Go to the Gear icon, then select Account and Settings.
  2. Select the Payments tab and go to the Chart of Accounts section.
  3. Review and ensure that the payments and fees are deposited to the right account, then click Save and Done.

 

You can check out this article: Record payments deposits and fees in QuickBooks Online. 

 

For future reference, these resources contain answers to frequently asked questions about the Payments feature. From there, you’ll find instructions on how to configure your chart of accounts to track fees: Common questions about payments deposits in QuickBooks Online.

 

To learn more on how QuickBooks Payments handles your deposit and funds, I'd recommend checking out this article: Find out when QuickBooks Payments deposits customer payments.


If you have other questions about QuickBooks Payments, please don't hesitate to tag me in the comment section. I'll get back to you as soon as I can.

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