What do I do with bank deposits (from Quickbooks Payments) that have already been automatically matched?

User52 · ‎January 21, 2022

Deposit Automatically Created for QuickBooks Payments

https://help.noviams.com/en/articles/2094952-deposit-automatically-created-for-quickbooks-payments

All the invoice payments are showing as paid and deposited. It seems it's a new feature on QBO. What do I do with all the bank deposits sitting in the bank transaction window that I can no longer match to a payment?

Giovann_G · ‎January 21, 2022

Hello, User52.

In QuickBooks Online, you'll have the option to exclude those bank transactions to prevent duplicate records. I'll show you how.

Go to the Banking menu, then the Banking tab.
Click the For Review tab.
Select the checkbox of the transactions to exclude.
Choose Exclude.

If you want to delete those transactions, you can go to the Excluded tab. From there, you can remove them. Check out this article for more details: Exclude a bank transaction you downloaded into QuickBooks Online.

Also, I encourage you to reconcile your account every month. This ensures your QuickBooks balance matches your bank and credit card statements. I've added this resource for complete guidance: Reconcile an account in QuickBooks Online.

Feel free to reach out to us if you have a follow-up question about banking. We're always here in the Community to help.

View solution in original post

Giovann_G · ‎January 21, 2022

Hello, User52.

In QuickBooks Online, you'll have the option to exclude those bank transactions to prevent duplicate records. I'll show you how.

Go to the Banking menu, then the Banking tab.
Click the For Review tab.
Select the checkbox of the transactions to exclude.
Choose Exclude.

If you want to delete those transactions, you can go to the Excluded tab. From there, you can remove them. Check out this article for more details: Exclude a bank transaction you downloaded into QuickBooks Online.

Also, I encourage you to reconcile your account every month. This ensures your QuickBooks balance matches your bank and credit card statements. I've added this resource for complete guidance: Reconcile an account in QuickBooks Online.

Feel free to reach out to us if you have a follow-up question about banking. We're always here in the Community to help.

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What do I do with bank deposits (from Quickbooks Payments) that have already been automatically matched?

What do I do with bank deposits (from Quickbooks Payments) that have already been automatically matched?

What do I do with bank deposits (from Quickbooks Payments) that have already been automatically matched?

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