United States United Kingdom Australia Canada (English) Canada (French) France Singapore South Africa Global Ireland
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
RobG1
Level 1
posted
‎July 10, 2020 07:50 PM
last updated ‎July 10, 2020 7:50 PM

BoA Credit Card - Cancelled Transactions

Hey, I am new to quickbooks and I have a BoA credit card that recently had some cancelled transactions. The transactions came in on my bank feed but I haven't added them.  Will BoA send another transaction to cancel it or should I ignore them? I know I will see with time and can just Ignore the cancel also if it comes through, but I am asking because I've never done it and I was wondering if there was a proper way to handle this issue.  Thanks to everyone who responds.

Reply Join the conversation
1 Comment 1
JessT
Moderator
Moderator
‎July 10, 2020 08:37 PM

BoA Credit Card - Cancelled Transactions

That is a great question, RobG1!

 

It's important to record the canceled transactions on your actual credit card account. This step will prevent you from getting any discrepancies during reconciliation. If BofA sends another batch of entries showing that they've gone through, you can record them on our credit card register as well.

 

Check out these articles for your additional reference:

Please don't hesitate to go back to this thread if you have more questions about your transactions. Enjoy your weekend!

Reply Join the conversation
Featured
Getting Started with QuickBooks Solopreneur
Are you getting started with QuickBooks Solopreneur or simply want to learn...
Read more
Taxes Don't Have to be Boring! Tax Trivia to Lighten Your Day
Let’s dive in and see the 7 things you didn’t know about Taxes that TurboTa...
Read more
Spring Cleaning Your Business!
Are you ready to Spring clean your business?! Join Emma and Sofia to learn ...
Read more

Need to get in touch?

Contact us