I am new to Quickbooks, coming from Sage desktop. Each month, on the first of the month, we have a direct deposit made into our bank account by a 3rd party payment processing company. The payments are reoccurring for a subscription service, taken from the clients bank account. I am not sure how to record the entry into Quickbooks. I also have to send a monthly receipt to some of the businesses for their records. In Sage, I recorded the payments that didn’t need a receipt as a batch invoice, then invoiced each payment that needed a receipt separately and then made a journal entry for the payment processing fees to reconcile the bank balance. Is there any easier way in Quickbooks?
