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Join nowI'm glad you made it here, bookkeeper47.
In QuickBook, you can only match a transaction to multiple entries but not multiple transactions to a single entry.
As a workaround, you can disregard or delete the mobile deposits and manually add them in QuickBooks then clear the Journal Entry.
To manually record deposits, here's how:
To clear the Journal Entry, you can follow the steps below:
Leave me a reply below if there's anything I can assist you with. Stay safe and have a nice day!
Hello,
I usually match the bank deposit to a journal entry that is split between several accounts. This is a nonprofit organization so I am not necessarily documenting each donation under each person. I need to keep the journal entry. I am not sure if this is the right way to do this.
Thanks and please let me know if there is another way to keep the journal entry. If I exclude the mobile deposits and keep the journal entry I am not sure if the account will reconcile at the end of the month (?) Any other suggestions would be greatly appreciated.
Thanks for the additional details, @bookkeeper47.
You can keep the journal entry and ensure the amounts are correct. This way, you can reconcile your accounts accurately.
Here's an article you can use for reference: Reconcile an account in QuickBooks Online. This link can guide you accurately in reconciling your account.
You might also want to check this great article that provides detailed information on how to transfer funds between accounts in your QuickBooks Online (QBO).
Should you have other concerns or questions, you're always welcome to post here anytime. I'm more than happy to help. Take care and stay safe.
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