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Level 1

Bank Balance

I am using the self-employed version of Quickbooks. My bank doesn't support the interface into Quickbooks so I have imported some bank transactions which I can now see on the transactions page. One of the transactions is a payment against an invoice which I have now marked as paid, the other 2 are owner deposits. I can see the invoice payment but not the owner deposits. Where can I find the current bank balance?

 

Solved
Best answer November 20, 2018

Accepted Solutions
QuickBooks Team

Bank Balance

Good Morning

 

In the Self Employed product the invoicing does not link to the income. Only when you add transactions from the income page does it update as income. The owner deposits can be added from the transactions page only. The bank balance is not a live balance if you do not have the bank account connected it will work out based on what is business and personal income and deduct out what expects the balance to then be rather than a live balance.

 

Any other questions let us know

 

Kind regards

 

Emma

View solution in original post

3 REPLIES 3
QuickBooks Team

Bank Balance


Hi as you are using the Self Employed product, it should say the on the home page accounts and then the balance.Are the owner deposits on the transactions page but you can not see them elsewhere in the product do you mean,can I just confirm?The Self Employed product has the function add the owner deposit but only as an add transaction from that page

 

Kind regards

 

Emma

Level 1

Bank Balance

Thanks for the quick response Emma. I have only just opened my account so am very new to Quickbooks,

 

All transactions were uploaded using a CSV file.

 

I can see the invoice payment in transactions and as income under the P&L. 

 

I can see the owner deposits under transactions but nowhere else.

 

The bank balance is zero but should show just over £650. I have attached a screenshot of what I can see.

QuickBooks Team

Bank Balance

Good Morning

 

In the Self Employed product the invoicing does not link to the income. Only when you add transactions from the income page does it update as income. The owner deposits can be added from the transactions page only. The bank balance is not a live balance if you do not have the bank account connected it will work out based on what is business and personal income and deduct out what expects the balance to then be rather than a live balance.

 

Any other questions let us know

 

Kind regards

 

Emma

View solution in original post