Banking feeds - when downlaoding a deposit, how do you record it against the accounts receivable invoice to show that the invoice is not outstanding anymore.

Hi there, @Dlmm324. It's my pleasure to guide you on how to record your deposit against an outstanding invoice.

First, you need to record the deposit to the accounts receivable account. If you want to use the downloaded entry, edit the account to Accounts Receivable. 

For fresh deposit:

1. Sign in to your QuickBooks Online (QBO) account.
2. Go to the +New icon, then click on Bank Deposit.
3. Fill in the information and go to the Add funds to this deposit section.
4. From the Received From the dropdown select the customer the deposit was from.
5. Choose Accounts Receivable under the Account dropdown.
6. Enter the amount.
7. Click on Save and Close.

Once done, apply the deposit as an invoice payment.

1. Select Receive Payment from the +New icon.
2. Pick the Customer from the dropdown. This displays all open invoices and outstanding credits for your customer.
3. In the Payment date field, enter the day you received the payment.
4. In the Outstanding Transactions section, select the invoice you need to mark as paid.
5. Under Credits, select the deposit.
6. Hit Save and Close.

To learn more about handling bank deposits in QBO, you can open these articles:

• Record and make bank deposits in QuickBooks Online
• How to link a bank deposit to an invoice

Additionally, you can get more tips about managing your downloaded banking transactions from here: Categorize and match online bank transactions in QuickBooks Online.

If you have any other questions about tracking your bank deposit entry, let me know by adding a comment below. I'm more than happy to help. Have a good one!