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sw1222
November 22, 2022
Question

Recording a deposit from Bank feeds and applying it as a credit towards invoices that are open

  • November 22, 2022
  • 1 reply
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I have a customer's check payment downloaded in my bank feeds.  I'd like to apply it towards an invoice he has open, and leave the rest as a credit towards future invoices.  How would I A)categorize it from the bank feeds B)apply it towards those invoices C)apply the remaining funds from the deposit as a credit?

Please direct me step by step.

 

1 reply

Candice C
Candice C
November 22, 2022

Hey there, @sw1222. 

 

It's great to see you back in the Community. I'd be more than happy to answer your three questions about recording a deposit from bank feeds and then applying it as a credit towards invoices that are open. 

 

For your first and second question, I'll answer them together. You'll categorize the transaction and then match it to a recorded payment in QuickBooks Online. With that being said, you'll need to record a customer payment to the invoice with the steps in this article. 

 

When applying the remaining funds from the deposit as a credit, I recommend reviewing this guide to see if it would be right for your business. It's simple and easy if you decided to go this route. 

 

Please let us know how these instructions work for you and if you need anymore help. We're always here to have your back. Take care! 

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