@amylee wrote:
Recently we signed a check (from a sale) over to a person whom we owed money (an expense). I have the sale recorded in Quickbooks, but because the check was never deposited into our bank account, it is not matched with any deposit or expense. How should I record this in Quickbooks? Thank you!
Select Undeposited Funds as the Deposit To account for the Receive Payment or Sales Receipt for the sale. Then use this account as the Payment Account in an Expense transaction to record the payment to the person to whom you owe money. Enter a note of explanation in the memo
