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Feb 12, 2022 7:22 PM UTC
Question

Bank Debit

I have a $300.00 debit entry from my Bank for a deposit that the bank ran as $1800.00 when in fact it was for $1500.00. How do I categorize this item on Quickbooks Online.??

1 reply

katherinejoyceO
Level 9
Feb 12, 2022 8:48 PM UTC

Hello, @Emmy40s. 

 

I appreciate your time visiting the Community today. I'm here to help you correct your deposit.  

 

To do this, we'll need to undo the deposit transaction first before editing or deleting it. 

 

Here's how: 

 

  1. Go to the Reports menu, then enter Deposit Detail in the Search field.
  2. Update the date to show the deposits you'd like to modify, then click Run report.
  3. Click the amount in the Amount column, then tap the customer name in the Received From column.
  4. On the transaction, click the deposit date below the customer name.
  5. In the Bank Deposit window, uncheck the customer name, then hit Save and new.

 

The amount now will show as a pending deposit in the Bank Deposit screen. Then, proceed to the next step:

 

  1. Click the customer name again to open the transaction.
  2. Update the Amount received.
  3. Press Save.

 

Once done, redeposit the corrected amount. You also want to learn about reconciling your actual bank statement with QuickBooks Online.  

 

Feel free to visit and post again if you have follow-up questions or additional concerns. I'm always around to help.