Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Connect with and learn from others in the QuickBooks Community.
Join nowI have a check late return from the bank for a payment received on a customer account. The check was dated 10/27/2021, but I only received notification of it on 11/15/2021. October has already been closed. How do I record this NSF check now that we are in a new accounting period without altering the closed period's numbers?
Thank you.
Thank you for contacting us about recording the NSF check, DA2018.
You can create a journal entry to negate the check posted in October. Then, record the sales on the current period if the customer still wants to purchase.
Here's how:
Upon sharing this, I still recommend contacting your accountant for specific instructions since October is closed. You can find an accountant if you need one.
I'm also adding this link if you need to need to make some changes to the journal entry: Learn how to record journal entries in QuickBooks Desktop.
Let me know if you need additional information about recording the NSF check. I'm always right here to help you.
I know there has to be a journal entry made, but I am not sure which accounts need to be used (which debited, which credited) and then how I would record the NSF. That's what I'm looking for here.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.