Other questions

I appreciate you for getting back to us, AT014. Let's figure out the reason behind the discrepancy in your Income Statement after creating a bank deposit in QuickBooks Online (QBO).

You're already on the right path in tracking the deductions on the invoice. However, let's specify which account to use in creating the bank deposit so it will post appropriately in your Income Statement. 

Since the deduction is from equipment rental and parking from your customer, it can be considered an expense. That said, let's edit the bank deposit you created and record it in the appropriate Expense account. 

Here's how:

1. Go to the Gear icon and select Chart of Accounts.
2. Locate the bank account where you deposited the payment and click View Register.
3. Select the bank deposit and click Edit.
4. In the Add funds to this deposit section, choose an Expense account under the Account column.
5. Click Save and Close.
   

However, if your customer bills you for it, utilize the Accounts Payable and link the deposit to pay the bill. 

Additionally, I'm sharing an article that contains the steps to take if you encounter discrepancies after reconciling an account in QBO: Fix issues at the end of a reconciliation in QuickBooks Online.

You're always welcome to get back to us whenever you have any follow-up queries about tracking your invoice deductions in QBO. I'm always more than willing to lend you a hand. Stay safe and have a wonderful rest of the day!