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houseproud2023
Level 1

PAYMENTS DEPOSITED INTO WRONG BANK ACCOUNT HOE TO FIX IT

 
1 Comment 1
NinoNorth
QuickBooks Team

PAYMENTS DEPOSITED INTO WRONG BANK ACCOUNT HOE TO FIX IT

Thank you for reaching out to our QuickBooks Online Community, @houseproud2023. Regarding your concern with payments deposited into the wrong bank account. Let me share some knowledge to help you.

 

To move a payment deposit into the correct bank account. You can transfer funds between correct accounts by following these steps: 

 

  1. Select + New. Pick Transfer.
  2. From the Transfer Funds From the dropdown list, choose the bank account that the money is coming from.
  3. In the Transfer Funds To dropdown list, choose the bank account that the money is going to. Into the Transfer Amount field, enter the amount being transferred.
  4. Edit the Date field. Retype a description of the transfer in the Memo field. Click Save and Close or Save and New to complete the transfer. Select Yes if you double-checked the date.

 

However, if you are using Merchant, you need to update your setup. To learn how to switch the bank account QuickBooks Payments deposits, check this article: Change the deposit bank account for QuickBooks Payments.

 

Moreover, to learn how to reconcile, compare your statement your account. Check out this article: Reconcile an account in QuickBooks Online.

 

If you have another query on how to deposit into your bank account using QuickBooks Online, just comment below. I will keep an eye on you.

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