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January 12, 2023
Question

Can i match multiple bank transactions to one bank deposit? instead of adding daily merchant account transactions, i would like to do them monthly using the statement.

  • January 12, 2023
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1 reply

January 13, 2023

Hi cherylmj,

 

It's great to see you here.  Welcome!  QuickBooks Online is a dynamic program with the features you need to complete your daily tasks seamlessly.  Matching transactions to bank deposits can be done effortlessly.  I'd be glad to assist!

 

QuickBooks provides the option to combine transactions so they match your bank deposit.  Since financial institutions usually record everything as a single record with one total, they won't match the way they've been entered into QuickBooks, if you've recorded them as individual transactions.  In this situation, you'll enter the transactions to your Undeposited Funds account and then use the Bank Deposit to combine them into a single record.  Here's a helpful guide to assist with recording and making bank deposits in QuickBooks Online.  In addition, here's how to categorize and match transactions.

 

If additional assistance is needed, please don't hesitate to contact us.  It would be our pleasure to work with you directly and ensure you're able to accomplish your QuickBooks goals as soon as possible.

 

Schedule a Callback or start a Chat: click (?) Help in the upper right in QuickBooks Online > enter "Contact support" > hit Contact Us > provide a brief summary of your situation > hit Let's Talk > choose Get a callback or Start a Chat.
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Feel free to reach back out if you have any other questions.  We're always happy to help!