cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 3

Checks vs Bill Payment

My boss wrote some checks. I see transactions coming through the bank feed as checks, no payee, and categorized as Accounts Payable.  The payments obviously got credited to the proper vendor bills.  

 

So should I "add" these, or will this create a duplicate ?  Should I exclude instead?  Im not ready to reconcile this month yet, but was looking at the bank feeds and wondering whats up, and anticipating any problems.

 

(Yet there are some that are coming through and asking to "match" to a bill payment entered)

 

Thank you.

Solved
Best answer July 20, 2020

Best Answers
Highlighted
QuickBooks Team

Checks vs Bill Payment

Hi @pjmitchell55,

 

Let me clear these things up for you.

 

To add or match bank transactions depends on the given situation. In your case, If you manually created a bill payment transaction for the bill, then you can either exclude the bank feed transaction or match it. Otherwise,  you can add these bank feed transactions so they'll get recorded as payment. 

 

See this article for more details on these processes: Categorize and match online bank transactions in QuickBooks Online. It's a step by step guide on how you can either add or match bank transactions, along with screenshots for your reference. 

 

When it's all done, and you're ready to proceed with reconciliation, keep this article for your reference: Reconcile an account in QuickBooks Online. Everything you need to know about the reconciliation process is listed here.

 

Feel free to leave a comment below if you have other questions. I'll be sure to get back to you. 

View solution in original post

1 Comment
Highlighted
QuickBooks Team

Checks vs Bill Payment

Hi @pjmitchell55,

 

Let me clear these things up for you.

 

To add or match bank transactions depends on the given situation. In your case, If you manually created a bill payment transaction for the bill, then you can either exclude the bank feed transaction or match it. Otherwise,  you can add these bank feed transactions so they'll get recorded as payment. 

 

See this article for more details on these processes: Categorize and match online bank transactions in QuickBooks Online. It's a step by step guide on how you can either add or match bank transactions, along with screenshots for your reference. 

 

When it's all done, and you're ready to proceed with reconciliation, keep this article for your reference: Reconcile an account in QuickBooks Online. Everything you need to know about the reconciliation process is listed here.

 

Feel free to leave a comment below if you have other questions. I'll be sure to get back to you. 

View solution in original post

Need to get in touch?

Contact us