Connect with and learn from others in the QuickBooks Community.
Treat it like a returned check. Reversal of transaction via journal entry (or record an expense in banking to do it)
If it was not actually deposited but rejected at the source then it never happened and you delete it from the deposit
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.