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TheGrom2022
Jul 28, 2022 1:18 PM UTC
Question

Reconciling a transaction

I entered a deposit of $556. The bank said I made a mistake and changed the deposit to $576. They called later and said I was right and then they entered a correcting debit of $20. How do I reconcile those three entries so they match on QB?

1 reply

Rustler
Rustler
Level 15
Jul 28, 2022 1:51 PM UTC

Why bother? the increase is 20 and the decrease is 20, they wash each other. Check them off in the recon screen and move on

But if you insist, show a deposit for 20 and use the clearing expense account as the source account for the deposit, then enter a check, set it to EFT, enter the amount 20 and use the same clearing account as the expense for the payment. Then check them off against each other

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