How to apply workman's comp dividend

NorthColo · ‎April 09, 2020

We received a workman's comp dividend check. We applied as a credit, but now there's a negative balance in the vendor's account. Now we're thinking we missed a step or are missing something. How do we clear this credit and receive the dividend?

Thanks!

john-pero · ‎April 09, 2020

The dividend is bonus income not a rebate on what you paid but even posting it as a negative expense when deposited should only reduce your net expense, not create a negative balance. Did you use a credit memo instead of deposit window

View solution in original post

john-pero · ‎April 09, 2020

The dividend is bonus income not a rebate on what you paid but even posting it as a negative expense when deposited should only reduce your net expense, not create a negative balance. Did you use a credit memo instead of deposit window

View solution in original post

Topics

Training

Community

Resources

How to apply workman's comp dividend

How to apply workman's comp dividend

How to apply workman's comp dividend

Tracking Workman's Comp insurance

How do I record a insurance dividend check? This i...

How do I enter a dividend payment from our workman...

workmans comp

Quickbooks online Workman Comp/ Unemployment insur...

Need to get in touch?