cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
NEW Connect to DBS IDEAL direct bank feeds Click here
jennifer-bbbeewi
Level 1

If you have a positive deposit from the bank how do you reflect

The bank refunded bank charges
1 Comment 1
TirzahC
QuickBooks Team

If you have a positive deposit from the bank how do you reflect

Hello, jennifer-bbbeewi.

 

You'll need to create the bank deposit with the correct bank account. Here's how:

 

  1. Go to the + New button from the left menu. 
  2. Select Bank deposit under Other.
  3. Choose your company bank account from the Account drop-down. 
  4. Go to the Add funds to this deposit section. 
  5. Select the appropriate account, enter the necessary information, and the amount. 
  6. Click Save and close.

 

For more information about managing bank deposits in QBO, feel free to read through this article: Record and make Bank Deposits in QuickBooks Online.

 

If you have downloaded transactions, you can categorize and match it. For the detailed steps, here's how to categorise and match online bank transactions in QuickBooks Online.

 

In case you need to include bank charges or processing fees, you can go through the following articles below. Also, this will provide you an overview of how bank deposit works in QuickBooks as well as steps to remove a payment from there: What are Bank Deposits in QuickBooks?

 

Should you need additional assistance, please let me know by leaving a reply below. I'll be around to help you out. Have a good one.