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Experienced Member

Clear overdue deposit?

Hi everyone,

 

Fair warning that I am completely new to QB and do not have a business or accounting background .. I am learning as I go. Long story.

 

Anyway, I made my first bank deposits yesterday and I see two of them are listed as overdue (this has obviously messed with my QB vs. bank balance). How can I mark them as cleared and not overdue? Please note that I did not create any invoices related to this deposit - I entered the deposit independently to see if I could.

 

I am wondering - do I have to delete these deposits, invoice each component of the deposit, add it to a new deposit? 

 

Thanks!

Nicole A.

Solved
Best answer 02-06-2019

Accepted Solutions
Established Community Backer ***

Re: Clear overdue deposit?

1. You should "Undo" any deposits added directly within your bank feed under Banking/In QuickBooks

2. You should create Invoices and Invoice Payments, OR Sales Receipts to match to your deposits. 

3. Deposits added directly to an Income Account in the bank feed have no Sale attached

4. Deposits added directly to an Income Account in the bank feed don't show up in the Sales/Customer transactions list

 

3 Comments
Established Community Backer ***

Re: Clear overdue deposit?

1. You should "Undo" any deposits added directly within your bank feed under Banking/In QuickBooks

2. You should create Invoices and Invoice Payments, OR Sales Receipts to match to your deposits. 

3. Deposits added directly to an Income Account in the bank feed have no Sale attached

4. Deposits added directly to an Income Account in the bank feed don't show up in the Sales/Customer transactions list

 

QuickBooks Team

Re: Clear overdue deposit?

Welcome, @fulcherrentals and thank you for coming to the QuickBooks Community for assistance. I have some insight on overdue deposits to pass along.

 

What @Regina_Lend_A_Hand_Accounting said is accurate, this is some great information.

 

For any of those processes you aren't sure about, you can find tutorials here.

 

Please remember, I'm always here for any other questions or concerns.

Experienced Member

Re: Clear overdue deposit?

This seems to have worked. I really appreciate it!