How do I enter a deposit for a job I did before I started QuickBooks

Hello @Kskredding1724,

You have several options to enter a deposit depending on how you wish to track the said transaction. Let me share them and walk you through the steps on how to accomplish them.

To start with, if you wish to enter a deposit and use it for any business transaction, you can create an equity or an asset account before entering the deposit. Let me show you how.

Create an equity or asset account:

1. Go to Lists.
2. Select Chart of Accounts.
3. Under Account, select New.
4. On the Account Type window, select Equity or Other Asset.
5. Enter the name of your new account.
6. Click Save & Close.

Create a deposit:

1. Go to Banking.
2. Select Make Deposits.
3. Under FROM ACCOUNT, select the account you recently created.
4. Enter the amount of the deposit.
5. Click Save & Close.

But if you wish to enter a deposit and use it for any bank transaction, you can create a new bank account and enter the deposit as the opening balance. To do so:

1. Go to Lists.
2. Select Chart of Accounts.
3. Under Account, select New.
4. On the Account Type window, select Bank.
5. Click Continue.
6. Enter the name of your new bank account.
7. Select Enter Opening Balance.
8. Type in the amount of the deposit.
9. Click Save & Close.

Additionally, I've got you this helpful article for guidance in preparation for the 2020 tax season: QuickBooks Desktop Year-end Checklist.

If there's anything else that I can help you with, please let me know by leaving any comments below. I'll be here to lend a hand.