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I need help clearing credit card deposits and entries

 
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QuickBooks Team

Re: I need help clearing credit card deposits and entries

Hi there, @cheers12900.

 

Glad to have you here in the Community. I can walk you through in clearing credit card deposits and entries in QuickBooks Online.

 

If you're referring to clearing an item purchased with a business credit card you can create a Credit Card Credit in QuickBooks Online this will reduce the balance in the credit card.

 

Here's how:

  1. Click on the Plus icon at the top.
  2. Under the Vendor section, select on Credit Card Credit.
  3. Select the Vendor from the Choose a payee drop-down list.
  4. Select the credit card from the Choose an account drop-down list.
  5. Use the Account details section when returning a purchased Expense.
  6. Use the Item details section when returning purchased inventory items.
  7. This entry should match the original entry when you created the expense to balance properly.
  8. Click Save and close.

You can also check out this article about, voiding credit card payments and applying credit card memo for your future reference:

This information should keep you moving today.

 

Please let me know if you're referring to something else. I'll be around to provide further assistance. Have a good one!