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Level 1

Check to employee written in error - overpayment or underpayment by a few cents. We made up the difference in petty cash. How do I remedy this in QB to reconcile?

 
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QuickBooks Team

Check to employee written in error - overpayment or underpayment by a few cents. We made up the difference in petty cash. How do I remedy this in QB to reconcile?

I'm here to take care of your reconciliation today, @klw625.

 

If the business bank returns the expense amount made by the petty cash, then you can create a bank transfer transaction.

 

Here's how:

 

  1. Open your QuickBooks Online account, then select Transfer from the (+New icon.
  2. Choose the petty cash account under the Transfer Funds From section, then your bank account from the Transfer Funds To.
  3. Enter the amount, then save the transaction.

If not, then you only need to reconcile your account base on your bank statement. You can use these articles as your guide:

 

Just in case you'll encounter issues during the process, feel free to read the instructions from these links as your guide in fixing them:

 

Please keep me posted if there's anything else you need assistance with QuickBooks or banking. I'm more than happy to help. Happy weekend!

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