cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

How do you change accounts if a sales receipt is hitting the wrong revenue account? It is first going into Undeposited funds and then on to the rev. account.

 
2 Comments
Highlighted
QuickBooks Team

How do you change accounts if a sales receipt is hitting the wrong revenue account? It is first going into Undeposited funds and then on to the rev. account.

Hello @finance82,

 

You'll need to change the account when you make a deposit. Let me walk you through how.

 

  1. Go to +New.
  2. Select Bank deposit.
  3. In the Bank Deposit screen, change the Account drop-down to the correct deposit account.
  4. Select the payments included in your deposit.
  5. Hit Save and close.

I've got an article about how to Record Bank Deposits in QuickBooks Online for details. Feel free to also visit our page about banking and bank feeds for more tips and recommendations.

 

Please know that you're always welcome to come back anytime in this thread if you have questions. I'll be around to help. Thanks for posting and be safe.

Highlighted
Level 11

How do you change accounts if a sales receipt is hitting the wrong revenue account? It is first going into Undeposited funds and then on to the rev. account.

@finance82 

 

"How do you change accounts if a sales receipt is hitting the wrong revenue account? It is first going into Undeposited funds and then on to the rev. account."

 

When you create a Sales Receipt, you use the Product/Service Item code and that item code is mapped to the Income Account. If you want to change the income account, go the products/service tab, edit your item and change the Income Account to the account you want. 

(Left Dashboard > Sales > Products/Services > Select products/services item to edit > Change the Income Account > Save).

 

"It is first going into Undeposited funds and then on to the rev. account."

 

It's part of the same one transaction. There is no first and second when recording the sales receipt.

You can open the Sales Receipt on screen and click MORE at the bottom and select the Transaction Journal. You will see it's one transaction.

 

Hope this helps!

Need to get in touch?

Contact us