Thanks for joining us here today, @PeakAdvisers.
Let me share some information about how credit card payments are recorded in QuickBooks Desktop (QBDT). Each day, QuickBooks groups all of the customer payments (credit card, debit, ACH, and bank transfers) you processed for that day into a bank deposit. That means it records only one bank deposit per day. You'll only see one bank deposit from QuickBooks in your bank statement. Please note that QuickBooks separates payments and fees so you get all the details.
From there, you'll want to review the payments to match with your monthly bank statements. Compare what's on your statement with how QuickBooks recorded the bank deposits. Start with the bank deposits QuickBooks already matched and recorded.
For more information about the process, please refer to these guides below:
Once you're done, you're now ready to reconcile your account.
Keep me posted if you still have questions or concerns with credit card payments. I'm more than happy to answer them for you. Take care and have a good one.
