Add Funds to this deposit and Reconciliation

Lil2022 · ‎December 22, 2022

Hi,

Let me write everything because now that I have figured out the mistake, I don't know how to fix it.

In October, I received four payments ($20+$15+$10+$5) that the bank deposited in two-part ($47+$3). I want to keep my journal the same, but I want to match the deposit, then I proceed to record added funds to this deposit (that was my mistake)as the bank amount appears. Then, in October y did my reconciliation, and my Undeposited Funds kept the amounts as my journal entry appears ($20+$15+$10+$5), and my reconciliation has uncleared check payments -$47 and -$3.

Now, I am still determining if I delete the add funds record, and modifying my journal is the right decision to do my undeposited fund right.

Thanks

SashaMC · ‎December 22, 2022

Hello Lil2022,

Thanks for reaching out to the Community! For something like this, we recommend reaching out to your accountant to see what is the best fit for your business. In the event you may not have one, we offer a ProAdvisor service where you can connect with experts by simply entering your zip code. Many even offer a free consultation to use to your advantage. The link below will guide you to that.

Find an Accountant

If you have any other questions, please don't hesitate to let us know! We are here to help! Happy holidays and Merry Christmas!

Lil2022 · ‎December 28, 2022

Thanks for your reply, and Happy New Year.

Carneil_C · ‎December 28, 2022

You're welcome @Lil2022.

I'm glad the information shared above was able to assist you with managing your transactions.

If you run into any difficulties with QuickBooks Online in the future, you can always share them in the Community!

It's always our pleasure to help! Keep safe always, and Happy New Year!

Lil2022 · ‎January 09, 2023

Thank you. I already did because nobody helped me yet

Thank you

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Add Funds to this deposit and Reconciliation