cancel
Showing results for 
Search instead for 
Did you mean: 
mikehupka
Level 1

Why are mobile check deposits showing as a deposit and a payment in the bank register? I cannot get my bank balance to match due to these.

 
3 Comments 3
CharleneMaeF
QuickBooks Team

Why are mobile check deposits showing as a deposit and a payment in the bank register? I cannot get my bank balance to match due to these.

Hello there, @mikehupka.

 

Allow me to share some details about your deposits. The transactions that'll show as Deposits in the register are money in entries. These include bank deposits and customer payments. Money out or withdrawals like expenses, checks, and bill payments will appear as Payments.

 

For now, we'll have to check your bank statement and review the amounts to see if there are deposits and payments with the same amount.

 

If the transactions in the register aren't in the statement, you can undo the downloaded transactions then excluded them.

 

Here's how:

  1. Go to the Banking menu and then select the Banking tab.
  2. Choose the account.
  3. Select the transaction you want to exclude, then click Undo under the ACTION column.
  4. Click the For Review tab. 
  5. Select the transaction you want to exclude.
  6. Click Exclude.

 

Additionally, I've included an article that will guide you in ensuring your books is accurate: Categorize and match online bank transactions in QuickBooks Online.

 

Keep me posted if you have other banking concerns. I'll be around to help.

mikehupka
Level 1

Why are mobile check deposits showing as a deposit and a payment in the bank register? I cannot get my bank balance to match due to these.

Attached is a screenshot showing several examples:

On 7/26/2019 there was a deposit and payment of $132.50
On 7/30/2019 there was a deposit and payment of $346.62
On 8/2/2019 there was a deposit and payment of $100.70
On 8/8/2019 there was a deposit and payment of $37.10
 
We did not make payments of those amounts and they should only be showing as deposits.
 
I am assuming I may have done something incorrectly with the undeposited funds account from Square deposits, but I do not know how to fix it.  
 
mikehupka
Level 1

Why are mobile check deposits showing as a deposit and a payment in the bank register? I cannot get my bank balance to match due to these.

Attached is a screenshot showing several examples:

On 7/26/2019 there was a deposit and payment of $132.50
On 7/30/2019 there was a deposit and payment of $346.62
On 8/2/2019 there was a deposit and payment of $100.70
On 8/8/2019 there was a deposit and payment of $37.10
 
We did not make payments of those amounts and they should only be showing as deposits.
 
I am assuming I may have done something incorrectly with the undeposited funds account from Square deposits, but I do not know how to fix it.  

Need to get in touch?

Contact us