Level 1

Cash payments

I have a bookkeeping client that received a check for payment of a invoice but cashed the check instead of depositing it into her business account.  Is there any way to record that in QB to reflect the invoice has been paid?

Level 15


receive payment on the invoice, then deposit to a cash type bank account

then create a check, do not print, from the cash account to the owner and use equity drawing if he/she is taxed as a sole proprietor or partnership, if they are taxed as a corporation then use a liability account named for the owner

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