@Susan28562 wrote:
I should have been more specific with my question. I have a client that is cash basis and downloads bank deposits to QB from the bank's website. Since there will always be outstanding deposits in the next month for the prior month, what do other QB Online users do to provide their accountant with accurate information ?
Currently, the client is downloading the outstanding deposits dated on bank in next month, then changes the date in QB to the current month where they belong. Just thought I would see if there are other options for handling this.
Thanks for your help.
Susan
The effective date is when the money is received, not when it is deposited. So create a Sales Receipt or Receive Payment dated on the date when received. Then it will be uncleared on the Bank Rec. If they create income with Bank Deposits, then change the date of the Bank Deposit, as they are doing it seems
