Dividing an Invoice payment between accounts

Hi there, @walkerr. I'm happy to help you divide the invoice payment between accounts in QuickBooks Desktop (QBDT).

To start, let's create a reserve account in QBDT. The set up will depend on how you treat this on your books. To ensure you select the correct category type, I recommend reaching out to your accountant. 

If you have an account already, we can now proceed with dividing the invoice payment by creating a bank deposit. Here's how:

1. Navigate to the Banking menu and select Make Deposits.
2. A Payments to Deposit window will appear. From there, select the payment your need to divide and click OK.
3. Select the account you want to deposit the funds in the Deposit to field.
4. Next, on the second line, select Reserve accounts in the From Account column.
5. Enter the amount in negative form. You'll have to manually calculate the 10% of the payment.
6. Once done, select Save & Close.

For reference, check out this article: Record and make bank deposits in QuickBooks Desktop.

In QBDT, it's easy to review the previous deposits you've created. For a detailed guide, refer to these steps:

1. Click the Reports menu and select the Report Center.
2. Then, choose the Banking section.
3. Look for the Deposit Detail report, then select the Run icon.

If you have any other concerns about managing invoice payments in QuickBooks, please don't hesitate to leave a reply below. I'm just around the corner to help. Have a good one and stay safe.