What's the best way to record container deposits on invoices and return the deposit using Quickbooks Online?

Hi there HornbyBree,

Thanks for joining us again! Managing deposits and refunds for those deposits is a key part of bookkeeping for many business owners. I'd be happy to go over the options with you in QuickBooks Online.

The program makes recording deposits easy with a Deposit field that you can turn on in your account settings. Once it's turned on, it'll appear on your invoices and you can enter the deposit amount. When there's an amount entered in that field, the transaction will populate a couple new fields so you can choose the payment method and bank account where the funds are being deposited as desired. Here's how to turn that on.

1. Select the Gear icon.
2. Choose Account and settings.
3. Click the Sales tab.
4. Click the pencil icon for the Sales form content section.
5. Check off the box Deposit.
6. Click Save.

When you need to return the deposit, you can consider the following articles.

• Record a customer refund in QuickBooks Online

• How to refund a deposit and close an invoice

That should get you on your way, but don't hesitate to stop by again if you need anything else. :)