multiple recurring payments in one deposit

It's normal for QuickBooks to combine multiple payments received in a single day into one deposit in your chart of accounts. Since the bank also combines these recurring payments, you'll need to manually adjust the deposit in QuickBooks to match your bank statement.

To fix this, we'll need to verify the grouped payments first to confirm exactly which transactions your bank combined. Follow the steps below:

1. Sign in to the Merchant Service Center.
2. Select Activity & Reports, then choose Deposits.
3. Set the date range to match the period you are reconciling.
4. Find the deposit in question and select the Fee column to expand the view and see the full list of payments included in that deposit.

Second, correct the deposit in QuickBooks so you can match those recurring payments to the single deposit. Navigate to All Apps, then Accounting, and select Chart of Accounts. Find your bank account and click View Register. Look for the deposit labeled "System-record deposits for QuickBooks Payments" in the Memo column. Expand the deposit and click Edit.

Finally, fix the deposit in the Deposit window, and go to the QuickBooks Payments section. Select the checkboxes for your recurring payments to include them in the deposit. Ensure the deposit total matches your bank statement, then click Save.

Once the deposit in QuickBooks has been saved to match your bank statement, you are good to go and can continue reconciling your account.

You can also see this article for detailed information on how to fix your deposits: Fix deposits to match your bank statements.

Feel free to leave a post below if you still need further assistance.