Payments
I'm here to ensure you can post vendor payment, including financial penalty takeback in your QuickBooks Desktop (QBDT) company, mdiamond6.
Based on the samples you illustrated, you can record a bank deposit to track the payment you received from the agency. Before you do so, I recommend seeking guidance from your accountant to obtain additional insights on this matter and to receive recommendations specifically suited to your business needs.
To make a bank deposit, here's how:
- Go to Banking and select Make Deposits.
- Close the Payments to Deposit window to enter the deposit transactions manually.
- In the Make Deposits window, select the account you want to put the deposit into from the Deposit To dropdown.
- Under the Received From column, choose the customer names and input all other data needed, like From Account, Memo, and Amount (negative penalty takeback amounts for Customer B and Customer C).
- Make sure the Deposit Total is correct (558.27)
- Click Save & Close once done.
Moreover, there are different ways you can track customer transactions in QBDT. To know these workflows, check out this article: Customer transaction workflows in QuickBooks Desktop.
Stay in touch with me if there's anything else I can help you in recording the payment you received from your vendor. I'll be right here to provide the information you require.
