One of our AP checks was Deposited to our checking account.

Amber13333 · ‎October 07, 2021

So we have two businesses, so two QuickBooks desktop premier companies. Business B is paid weekly by Bussiness A for bills from Bussines B. I mistakenly filling out the wrong deposit slip. So Bussiness A's check to Bussiness B was deposited into Business A's checking account.

I have made a deposit for this mistake but need to know what account to charge it to. If I do accounts payable it tries to credit the vendor(Business B) in QuickBooks which is not right.

We did a bank transfer to fix the payment but we did not catch it till the following month. As the owner does the reconciliation for the bank accounts.

Rustler · ‎October 07, 2021

So if I understand this, your bank has a check and a deposit that match, and some days later another check for the same amount.

The easiest thing to do is just ignore the bank deposit and second check. You can edit the first check and either change the check number or just put the new check number in the memo block

Amber13333 · ‎October 07, 2021

The problem we caught the mistake one or two months later. So the deposit still has to be posted in that month to be able to reconcile the account properly.

Candice C · ‎October 07, 2021

Good morning, @Amber13333.

Congrats on making your first post here in the Community. Allow me to give you some information.

To be sure of what account to charge it to, I recommend consulting with your accountant. They'll be able to give you the best accounting advice for your business. If you don't have one, check out this link to find one near you.

Feel free to ask any other questions you may have. We're always here to have your back. Have a great day!

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One of our AP checks was Deposited to our checking account.