Good morning, @KimPreeper.
It's great to see you back in the Community. Allow me to give you some insight into your question about recording cleared payroll cheques.
Journal entries are a last resort for recording transactions in your QuickBooks Online (QBO) account. These entries allow you to move money between accounts and change balances in specific ways. Here's how to create them in your product:
- Go to the +New button on the left-hand menu bar.
- Under the "Other" column, pick Journal Entries.
- Enter all the required information.
- Tap Save and new when ready.
That's all there is to it. However, if you have other questions about what accounts to use, I recommend consulting with your accountant. They'll be able to give you the best accounting advice for your business. If you don't have one, no worries. Check out this link to find one near you: Find ProAdvisor.
In addition, cruising through our tutorials page will help you get more familiar with the QBO product. It has very detailed videos to show you features in the account.
These steps and articles should give you an answer to your question. Let me know how it goes when talking with your accountant. I want to ensure that you're able to get back to running your business. I'm only a few clicks away if you need me for anything else. Have a great day!
