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Level 1

How can I enter deposit

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QuickBooks Team

How can I enter deposit

I can guide you on how to enter bank deposits in QuickBooks Online (QBO), @martha9.


You can record a bank deposit transaction if you've added the invoice payment and sales receipt to your Undeposited Funds account. This account serves as a holding account before you create a bank deposit. 


When you receive a payment and process a sales receipt make sure to choose Undeposited Funds in the Deposit to drop-down menu. 


You can now see all the payments you've added in your Bank Deposit page.


Here's how:


  1. Go to the + New button and select Bank Deposit
  2. Select the box on each transaction that you'd like to include in this bank deposit. 
  3. Choose the bank account where you'd like to deposit this under the Account drop-down. 
  4. Enter all the necessary information.
  5. Click Save and close once you're done. 

To know more about this, check these articles: 

Let me know if there's anything that I can help in creating a bank deposit. I'm always here to assist. 

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