One bank deposit, three different revenue recognition dates

You'll have to manually create three different revenue transactions for $3,750 with their appropriate dates to separate each month's data in QuickBooks Online (QBO), @Marty18. Let me guide you how.

The date of your transactions plays a big role to effectively manage your account's financial data. You'll first need to separate your revenues by manually creating them based on each month's (June, July, August) date. Then, match them to the downloaded bank deposit ($11,250) to avoid duplicates and keep your account updated.

After recording each month's revenue, you can follow these steps to match them with your downloaded bank deposit. Here's how:

1. Go to the Banking menu.
2. Select the tile for the account you want to review.
3. Go to the For Review tab to start your review.
4. Find a downloaded transaction with the Match option in the Action column.
5. Note the Date, Description, Payee, and amount spent or received.
6. Select the downloaded transaction to expand the view. Then, review the Matching records found in QuickBooks. 
7. Click the link next to each match to get more details.
8. Once they're the correct match, close the open transaction(s).
9. Select Match.

To know more about this process, you can refer to this article: Categorize bank transactions in QuickBooks Online.

Additionally, I'd recommend reconciling your revenue account every month. This way, you can detect any possible errors and manage your business's growth. For the step-by-step guide, you can check out this article: Reconcile an account in QuickBooks Online. It also includes details about reviewing past reconciliations.

Let me know if you have other banking concerns or inquiries about managing your transactions in QBO. I'm just around to help. Take care always.

Thank you kindly! 

And for manually creating the three separate revenue entries by month, should I use the "add a new sales receipt" or a different method?  I want to have them recorded as "miscellaneous revenue".  Thanks again!

Hi there, Marty18.

You can use the sales receipts if you receive full payment at the time of the sale. This includes payments by cash, check, or credit card that is to be recorded on your income account.

To do this, here's how:

1. In the left menu, click the + New button.
2. Select Sales receipt.
3. Choose a customer from the Customer drop-down.
4. Enter the necessary information.
5. Select Save and close.

For more details about this process, see this article: How to Record a Sales Receipt.

If I can be of additional assistance, please let me know by commenting below. I'll be around to help you out. Have a great day.

Thank you! Will this also record as revenue? (not just a cash receipt).

Thank you!!