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MBLL
Level 2

Linked bank account and deposit matching

Hi-

My bank account is linked to QB. My question is, when deposits are imported and matched, do I still need to go into “Invoices” and “Receive Payments” and “Add Deposit”?

Solved
Best answer October 02, 2019

Accepted Solutions
MBLL
Level 2

Linked bank account and deposit matching

Thank you so much!

View solution in original post

5 REPLIES 5
GeorgiaC
QuickBooks Team

Linked bank account and deposit matching

Hi MBLL,

 

 

If you click 'match' to the transaction in the banking section then this will record the payment against the invoice/bill and you will not need to record this manually through 'Invoices'.

 

 

Thanks 

MBLL
Level 2

Linked bank account and deposit matching

Thank you so much!

View solution in original post

tahlers2017
Level 1

Linked bank account and deposit matching

what if I don't click match in my banking side and I just add it as sales of product income and then I go into my invoices and click receive payment, will this double something up?

Rose-A
Moderator

Linked bank account and deposit matching

Hi, tahlers2017.

 

Adding the deposit to your Sales of Product Income will give you two incomes in total since you cannot apply this transaction to any open invoice.

 

If you need to apply the deposit to an invoice, you need to add the transaction to the Accounts Receivable.

 

To know more about the process of linking a deposit to an open invoice, check out this article: How to link a deposit to an invoice

 

If there's anything else I can help you with, please let me know. I'll zip right back to help you out.

tahlers2017
Level 1

Linked bank account and deposit matching

So let's say I have been doing what I said I was for about a year, how has that effected my account?

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