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An employee's bank misread their paycheck and overpaid them by $100. The bank has since credited back the overpaid amount in a separate "adjustment transaction" but I can't figure out how to match these two separate transactions with the employees paycheck. I tried excluding both transactions and creating a new bank deposit using the actual amount but QBO doesn't seem to like my using negative amounts this. Suggestions please?
Solved! Go to Solution.
I can help you with that, HDM2.
Take note that we're unable to match those two transactions to the employee's paycheck because they have different amounts. Since the overpayment has been credited back to your financial institution, you can just exclude the two downloaded transactions. Then, manually clear the paychecks in the bank register. I'll show you how:
I'm also adding these articles to help manage your bank transactions and keep your accounts up-to-date:
Feel free to tag my name in your posts and comments if you need more help in completing your other pending tasks. I'll be more than happy to assist you again.
I can help you with that, HDM2.
Take note that we're unable to match those two transactions to the employee's paycheck because they have different amounts. Since the overpayment has been credited back to your financial institution, you can just exclude the two downloaded transactions. Then, manually clear the paychecks in the bank register. I'll show you how:
I'm also adding these articles to help manage your bank transactions and keep your accounts up-to-date:
Feel free to tag my name in your posts and comments if you need more help in completing your other pending tasks. I'll be more than happy to assist you again.
Hi HDM2,
Hope you’re doing great. I wanted to see how everything is going about the issue in your downloaded online banking transactions. Were you able to categorize them? Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at anytime.
Looking forward to your reply. Have a pleasant day ahead!
Thank you, yes, this seems to have corrected my issue! I appreciate the help!
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