QuickBooks Team
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Re: Sent a wire payment, but it was reversed. The reversed amount is less than the original wire.

Hi UniStone1,

 

In QuickBooks Desktop, you can record the returned wire as a deposit. First, you'll have to enter the bill in the system and make a payment just like ParkwayInc's example.

 

Then, follow these steps to record the returned wire:

  1. Click Banking located at the top.
  2. Select Make Deposit.
  3. Choose the bank account from the Deposit To drop-down list.
  4. Select the Date.
  5. In the first line, choose the vendor from the Received from drop-down menu.
  6. Enter the amount (This will be the actual amount of the wire transfer).
  7. In the second line, enter the bank charges as a negative item.
  8. Click Save and Close.

Once done, the actual amount credited will be recorded in the bank account. 

 

Please let me know if you have any additional questions. Thanks.