Pass through accounts that will NOT show up on the balance sheet and p&l

Hello there, 

We can set up a clearing account and journal entry to move the deposit. I'm here to guide you through the steps.

To start with, we'll have to exclude the deposit. Here's how:

1. From the Banking tab, select Banking.
2. Go to the For review tab.
3. Select the deposit.
4. Click Exclude.

Afterward, let's add a clearing account. From there, you'll have to create a journal entry and select the clearing account. I also recommend reaching out to your accountant so you'll be guided on the correct accounts to use. I've added this reference for the detailed steps of the process: Create Journal Entries.

To ensure your transactions match your bank and credit card statements, you can reconcile them.

I'm just around whenever you have concerns about the reconciliation process.

I forgot to share that the transaction that needs to be excluded in the banking for review tab is tied in with a lump sum of other deposits that employee took to the bank and deposited the checks all together. The checks are split out within the lump sum. The transaction in question is a sales receipt and has been reconciled with the monthly bank statement. 

How can I excluded that one transaction without excluding the lump sum deposit?

Thanks for getting back with the Community, 9130 3525 3968 4316.
 

Some subscribers have found it helpful to unreconcile a transaction they're looking to exclude. Before unreconciling a transaction, I'd recommend working with an accounting professional to confirm if you should.
 

If you're in need of one, there's an awesome tool on our website called Find a ProAdvisor. All ProAdvisors listed there are QuickBooks-certified and able to provide helpful insights for driving your business's success.
 

In the event an accountant advises you you'll need to unreconcile a transaction, here's how:
 

1. In your left navigation bar, go to Accounting, then Chart of accounts.
2. Find the account that has your reconciled transaction.
3. Click its View register option.
4. Locate the transaction and hit it to expand your view.
5. From its Checkmark (✔) column, press the box with an "R" in it until it becomes blank. This removes your transaction from the reconciliation.
6. Select Save.
7. Close your account register.

Once you're prepared to exclude your deposit, you can do so by using the steps in Adrian_A's post.
 

I've also included a detailed resource about working with reconciled transactions which may come in handy moving forward: Undo or remove transactions from reconciliations
 

Please don't hesitate to send a reply if there's any additional questions. Have a lovely day!