Let me take a moment to provide some clarification for you, al252. I want to ensure that everything is clear and understandable.
Regarding your initial concern, you're correct. In order to prevent payments from being deposited into your bank account, you will need to follow the steps outlined by my colleague, ThomasJosephD, above. These instructions will guide you through the actions to effectively stop those payments.
In response to your second concern, to prevent duplicate entries in your QuickBooks account, you can simply choose to ignore the transaction in your bank feeds. This is because any payments that are deposited into your bank account will automatically download into your bank feeds.
To ignore the transaction, you can follow these steps:
- Sign in to your QuickBooks Desktop company file.
- Go to the Banking menu, hover your mouse over Bank Feeds, and select Bank Feeds Center.
- Choose the specific bank account in which payment is deposited, then select the Transaction List button.
- Put a checkmark on the entries that matches the one that you've reconciled on your undeposited funds and click on Ignore under the Action column.
Additionally, consider upgrading your QuickBooks Desktop to the latest version and get the latest features and services used in managing your business activities.
Furthermore, you have the option to establish rules within the program that will assist in automatically matching your bank feed transactions. By setting up these rules, you can streamline the reconciliation process, allowing QuickBooks to recognize and categorize transactions based on specific criteria you define.
I'll be around if you need further assistance with your banking transactions. Just visit this forum anytime, and I'm here to help ensure everything runs smoothly for you.
