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Level 1

Downloaded bank deposits do not match how I entered them in QB-Enter-Deposits

Hi,

 

I make deposits to my Chase Bank checking account from home using my cellphone camera taking pic's and uploading.  Chase sends me emails acknowledging the deposits.

 

Then I enter all checks deposited that day as a single deposit splitting the deposit between payers creating a single deposit total comprised of several checks.

 

Example:

 

This is how these 2 checks appear in QB Deposits

The problem is when I downloaded my checking account activity to reconcile with QB, my bank recorded each check as a separate deposit!

 

So what shows in my QB register does not match to what the bank downloaded.

 

My QB says these two cks were combined into a single deposit:

 

These 2 ck's were recorded at my bank as separate deposits!

But my bank says each ck was its own, separate, deposit.

 

I know I could go back and re-do all my dep's as separate ck's (one-ck, one-dep) but this would be extremely tedious and time-consuming both to fix this now, and going forward.

 

So how can I assign more than one check that appears  in the "Downloaded Transactions" I got from my bank that appears in the lower half of my screen -to- the one, single, deposit that appears in the Register of the upper half of my screen?

 

The Add Multiple option does not seem to be the answer to this but I'll admit maybe I'm misunderstanding this option.

 

Solution?

 

Thanks!

1 Comment
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Moderator

Downloaded bank deposits do not match how I entered them in QB-Enter-Deposits

I appreciate the detailed information of your concern, JD9.

 

Yes, we won't be able to assign more than one bank transactions to a single deposit. We can ignore the bank transactions.

  1. In your Bank Feeds page, mark the bank transactions that match to a single deposit.
  2. Click the Batch Actions button and select Ignore.

Then, you go to your QuickBooks register and add a note on the affected deposit.

  1. Click Lists at the top menu and select Chart of Accounts Ctrl+A.
  2. Double-click the bank account and look for the deposit.
  3. Enter a note in the Memo field that it has already been cleared from the bank.

You can also ask you accountant to see if they have a different way of doing this.

 

Let me know if you need anything else. I'll be around.

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