Short term rental income deposits showing as transfers in transactions, and I need to be able to show them as income. The system keeps asking me for a payee as if I'm paying someone with the transfer.

Thank you for reaching us, Millerbs. Allow me to show you how to record your rental income in QuickBooks Online (QBO).

First, you must add your tenants as customers to QuickBooks. Then, record the rent income as an invoice, receive a payment for the invoice and match with the deposit.

To create an invoice:

1. Click the + New button and choose Invoice.
2. Complete the fields with necessary information.
3. Select Save or Save and send.

To receive the payment:

1. Click the + New button and select Receive Payment.
2. Choose a customer or tenant, then select invoice/s you want to close out.
3. Select the payment method and account where the payment will be deposited to.
4. Click Save and close.

Once done, go to your banking window find the transaction and match it with the payment we created earlier. You can use this article as your guide on how to categorize and match online bank transactions in QuickBooks Online.

If you have any additional questions about recording your income, let me know. I'm always available to assist. Have a wonderful day!