Skip to main content

Get 50% OFF QuickBooks for 3 months*

Buy now
Switch to QuickBooks and 70% off for 3 Months
Maged Mohey
March 19, 2023
Question

bank deposite

  • March 19, 2023
  • 1 reply
  • 4 views

I made one transaction bank deposit which included customer payment and owner contribution. How can I enter it and split it into two accounts? Money is deposited in cash in one single transaction.

1 reply

Level 8
March 19, 2023

Recording that type of transaction is very easy, Maged Mohey.
 

We can simply add both of them to the Add funds to this deposit section. This allows you to split the deposit into two different accounts or categories, so your books always match your statements. I'll show you how:

 

  1. Click the + New button.
  2. Choose Bank Deposit.
  3. Scroll-down to Add funds to this deposit.
  4. On the first line, enter the customer payment and choose the appropriate account.
  5. Add the owner's contribution on the second line.
  6. Put a memo as needed, then hit Save and close.

 

 

To learn more about the process, feel free to read this article: Record and make bank deposits in QuickBooks Online.

 

The Community is open 24/7, so please don't think twice to visit us again if you need more help in handling your other small business processes. Take care and have a great rest of the day, Maged Mohey!