How do I categorize those tiny deposits and withdrawals Intuit does to verify your bank account?

IracemaC · ‎March 01, 2023

I connected my bank account to QBO and it send two tiny deposits to verify the account and also withdrawal the deposits the same day from the account. Now they are sitting there waiting to be review and I don't know where to put them.

BigRedConsulting · ‎March 04, 2023

They're so small that they're immaterial, so it doesn't matter.

Some sort of "misc expense" account would work. Bank fees, perhaps. That sort of thing.

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BigRedConsulting · ‎March 04, 2023

They're so small that they're immaterial, so it doesn't matter.

Some sort of "misc expense" account would work. Bank fees, perhaps. That sort of thing.

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How do I categorize those tiny deposits and withdrawals Intuit does to verify your bank account?

How do I categorize those tiny deposits and withdrawals Intuit does to verify your bank account?

How do I categorize those tiny deposits and withdrawals Intuit does to verify your bank account?

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