Reconcile

Hello @Prestige, 

Thanks for visiting the Community. Glad to know you're able to contact the bank to put a stop payment on the check. I'd suggest you contact your bank to verify the transaction on your statement. 

Once reversal is confirmed, you don't need to record that in QuickBooks. Instead, use the Pay bills feature to record the payment for your vendor that's processed through EFT online.

Follow these steps below if you've entered a bill for this vendor in QuickBooks to make sure it's paid. Here's how:

1. In the Vendors menu, select Pay Bills.
2. Select the appropriate Expense account from the A/P Account drop-down.
3. Mark the checkbox from the checked column to select the bills you want to pay from the table.
4. Enter the payment date.
5. Select Check from the method drop-down, then choose Assign Check number and enter EFT as the type of payment.
6. Click Pay Selected Bills. 

Review the information when the Payment Summary window appears. Click Done when completed.

If you haven't entered a bill for this vendor, you can write a check to record the (expense) payment. 

For future reference, read and learn about recording your payables in QuickBooks Desktop. Check out this article: Enter bills. It guides you through creating a bill for the products or services provided by a vendor. 

Should you have more questions about QuickBooks, feel free to message again. We're always delighted to help. 

Hello,

Thank you for taking the time to reply :)

I guess my question is how do i enter the Reversal of Check for the reconcile. I don't want it to show as income, since it was a payment made to a vendor. Would I need to enter a deposit for the reversal of the check since it shows as a deposit on my bank statement.