I am trying to enter electronic transactions into my ledger. Deposits and Expenses. How do I do this?

Thanks for checking in with us. Let me guide you on how to enter your deposits and expenses in your account, usersharon-francis.

In QuickBooks Online (QBO), a General Ledger shows a list of transactions from all accounts for a specific date range. This includes asset accounts such as Cash, Accounts Receivable, Equity, and Undeposited Funds.

To show the deposits and expenses, we need to enter them manually in QBO. 

Here's how you can record the deposits:

1. Click the + New Plus icon. 
2. Select Bank Deposit under Other.
3. In the Account drop-down, choose the bank account where you want to deposit the amount.
4. Go to the Add funds to this deposit section.
5. Select the customer from the Received From drop-down.
6. Choose the appropriate account from the drop-down.
7. Enter the necessary information and the amount.
8. Press Save and close.

For more details about this one, check out this article: Record and make Bank Deposits in QuickBooks Online.

Then, enter the expenses in your account: 

1. Go back to the + New Plus icon. 
2. Select Expense.
3. In the Payee field, choose a vendor. 
4. Select the Payment account to which to credit this expense.
5. Enter the details in the Payment date, Payment method, Category, Amount, and any Tax paid (if applicable).
6. Press Save and close.

To learn more about entering expenses, see Enter, edit, or delete expenses in QuickBooks Online article. 

Once done, run the General Ledger report to see the deposits and expenses. You can choose between a Cash or Accrual basis when running this report. 

Here's how:

1. Go to Reports on the left side menu.
2. Enter General Ledger in the search field. 
3. Choose a date in the Report period. 
4. Select Cash or Accrual in the Accounting method field.
5. Tap Run report. 

For more insights about running and customizing reports, refer to this article: Run reports in QuickBooks Online.

As always, feel free to visit our QuickBooks Community help website if you need tips and related articles in the future.

That should do it. I'll be right here to continue helping if you need a hand with running your business in QBO. Assistance is just a post away. Take care always.