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Hi, Growingreenjh.
I'm here to help with marking this deposit. One option is to do a Journal Entry. With a Journal Entry, you can transfer money between income and expense accounts or transfer money from an asset, liability, or equity account to an income or expense account. We have a guide on creating Journal Entries and when its necessary to do so. If you have any questions, I'm here to help.
What is the other way?
Happy to share the other way to record a vendor miscellaneous deposit in QuickBooks, Annoyed CPA.
I'll make sure you record this in your account in a seamless way and personalize it for that transaction.
Let's create a chart of accounts specific for that deposit to classify them in QuickBooks. Doing so will keep your books accurate at all times. Follow these steps:
After that, let's record the fund by depositing it to the account you previously created. Proceed as follows:
For more information, see this link: Record and make bank deposits in QuickBooks.
But all the same, I'd recommend consulting an accountant to guide you in choosing the most suitable account for your business.
In addition, you can always run the miscellaneous quick report by going to the Chart of accounts. See the sample screenshot for your guidance:
Further, visit these articles below on how to supervise your company's accounts and their balances in QuickBooks:
Send me a message if you need further help handling your vendor transactions. I'm always here to help you again. Keep safe, Annoyed CPA.
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