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November 2, 2022
Solved

split deposit in bank feed

  • November 2, 2022
  • 1 reply
  • 10 views

I have a new QBs headache I am hoping there is an easier work around. We currently have multiple AR set up for different years for tuition. The vast majority of our money comes through an organization called FACTs that allows us to invoice and track all the money. For this reason, when we set up the accounts in QBs we use the same customer (FACTs) and just import the money through that "customer." The challenge is when we get a deposit from 2 different ARs because they are from 2 different years. Is there an easy way to split the deposit in FB to allot money to each account? I know when I have split transactions it is usually from a matched JE BUT I cannot create a JE with 2 ARs. So I am hoping there is an easier work around than putting all the money in one AR and moving it afterwards, but fear that may be the only option. 

Best answer by BigRedConsulting

maybe it does work this way, is that what I would do?

 

 


Looks right to me...

1 reply

BigRedConsulting
Level 15
November 2, 2022

You can't create a Deposit transaction and uses two different AR accounts, nor can you receive a single Payment transaction for two different AR accounts. The only way to do this is to record two Payments transactions - one for each AR account - and then include them in the same Deposit.

JackMartAuthor
November 2, 2022

Sounds like there maybe an easier way then moving it all to one account and then making multiple JE to move it to a different ARs. Can you explain how I would record 2 payment transactions for each AR? Would I just just manually enter it as a deposit for each AR and the bankfeed will sum them and match them?

BigRedConsulting
Level 15
November 2, 2022

Not sure why you're using multiple AR accounts in this way. Seems it would cause a lot of issues.

 

RE: Can you explain how I would record 2 payment transactions for each AR?

 

Not sure I understand the question. It's just like recording one payment, only you record two and change the account before recording the second one:

 

 

After recording the two payments, then create a deposit and select them.