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QuickBooks Team

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Hello there, @John J.

 

Allow me to help share information about invoices and deposits in QuickBooks Desktop (QBDT).

 

When creating an invoice in QBDT it increases your accounts receivable and your income account. Once you receive and deposited the payment, it increases the amounts on your bank account and decreases your accounts receivable. It doesn't affect any income account reason why it won't reflect as income when running your reports.

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g3 depositing payment from an invoice.PNG

The deposit reflects as income when you've created the deposit directly and not as a payment of an invoice.

g3 deposit ...PNG

 

g3 r report.PNG

 

To learn more about deposits in QuickBooks, you can check this article: Deposit customer payments.

 

Please don't hesitate to add a comment below if you have any other questions about deposits, I'll be right here to help you. Have a good one!

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