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I need to enter a check deposit into an investment account. How do I do that?
I have an investment account in QuickBooks, and I normally only enter investment income. However, last fiscal year I deposited cash into this account. How do I record that transaction?
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Anonymous
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July 10, 2025
08:17 AM
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We can create a bank deposit in QuickBooks Online (QBO) to record the transaction and select your investment account as the destination, @fwinston.
Here's how:
- Click the + New icon or (+) Create.
- Select Bank Deposit.
- Choose the account you want to put the money into from the Account dropdown.
- Navigate to the Add funds to this deposit section.
- In the Received From column, enter the source of the deposit.
- Select the Investment Account in the Account column.
- Choose Check as the Payment Method.
- Enter the Amount and any necessary details.
- Click Save & Close to complete the transaction.
You can also learn how to effectively manage your bank deposits, which will help ensure that your financial records remain accurate and that you maintain a clear overview of your finances.
Feel free to reply if you require additional assistance with recording transactions in QuickBooks. The Community is 24/7 available to help.