Invoices & the deposits both showing up as income

@Danceballet1  Two questions:

First, when you say "The invoices & deposits are both showing up on the report as income--", which report do you refer to?

Second, how are you constructing the deposit specifically?

If you're using the undeposited funds to make the deposit in the usual way, it wouldn't behave like this.

If you are, instead, using an income account in the Account column of a deposit, that would be recognizing the income a second time.

In short, more details regarding your work process are required in order to give a proper answer to your question.

Hi there, Danceballet1.  Let me walk you through the specifics of invoices and deposits in QuickBooks Desktop (QBDT).

In recording invoices QBDT, you need to ensure that both invoices and deposits are not recorded as income separately. To correct the issue of double-counting income, I recommend conducting a thorough verification of the deposit to ensure that no additional income has been included, and to confirm that only the selected payment has been considered. This step is essential as it directly impacts the accuracy of the transactions reflected in the generated reports. You can learn more through these resources:

• Deposit payments into the Undeposited Funds account in QuickBooks Desktop
• Record and make bank deposits in QuickBooks Desktop

Additionally, this material can help you in personalizing your report in QBDT: Customize reports in QuickBooks Desktop.

Don't hesitate to return to this thread if you need further help with your transactions in QBDT, Danceballet1. I'll be here to help you out. Keep safe!