It's my pleasure to help, @seaweed1967.
Yes, there's a way to do it in one transaction. You can record the money-in and money-out process using the Write Cheques option.
Here's how:
- Go to the Banking menu and select Write Cheques.
- Enter the account where the amount is debited and credited on the Bank Account and Expenses Account field (please refer to the sample screenshot below).
- You can type in bank fee on the Cheque No. field to determine the transaction on your bank register.
- Click Save & Close when done.
For other related discussions regarding income and expenses, you may check out the following links below.
Manage customers and income for QuickBooks Desktop
Manage vendors and expenses for QuickBooks Desktop
That's it. Should you have other questions about your transactions, do let me know. I'm here to help however I can.