Level 2

Payments

Thank you for the reply but this is too generic.

 

Let me clarify a couple of things:

 

  1. We use QuickBooks Desktop version
  2. This is a payment for an invoice we issued
  3. When creating "Receive Payment" entry, you need to choose the payment type (Check, CC, EFT etc..) - Should I select EFT or Check?
  4. Since the transaction will be deposited directly into the bank account, should we select the deposit account instead of "Undeposited Accounts" in the "Deposit To" field?