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coffeelady1
Level 3

QB 2022 Pro Plus Bank Feeds>Account assignement

I know this is a simple question -- I am manually entering transactions from bank feeds into the register.  I use QB/Intuit to process credit cards. These deposits show up in my bank feeds/statement as intuit payment solutions or similar. In order to have QB assign them to the proper account -- what do I assign in the "Account" field? (QB marks invoices paid once they have been deposited, so not asking how to apply to the invoices that were paid in that deposit) Do I choose "accounts receivable"? "sales"? something else? leave it blank?

 

Thank you

2 Comments 2
AileneA
Moderator

QB 2022 Pro Plus Bank Feeds>Account assignement

Hello, coffeelady1.

 

Selecting an account in the account field will depend on how you want to post your records. Meaning it's up to you what income account you'll be using. However, you can't select the AR account. The AR account is for invoices.  

 

To make sure your books are accurate, I'd recommend seeking help from a professional accountant in selecting an account. They can guide you with the specific type that fits your business. 

 

For future reference, read through this article: Chart of accounts in QuickBooks. It helps you learn about the different account types available in the Chart of Accounts.  

 

Hit the Reply button if you have other questions about QuickBooks. I'll do whatever it takes to ensure your concerns are addressed. Enjoy the rest of your day.

coffeelady1
Level 3

QB 2022 Pro Plus Bank Feeds>Account assignement

The deposits are paying the customers invoices. That is why I am thinking AR. 

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