deposits not showing on check register
My deposits show on my P & L as income but do not show on my check register. What did I do wrong?
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dnSHnoYmOr3QjyacfA8pyY
11/03/09 2:47pm PST
Viewed by asker 11/13/09 1:33pm PST
Viewed by asker 11/13/09 1:33pm PST
6 Replies
Accountant Man
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11/03/09 2:55pm PST
Into which account do the deposits go? Look at the deposit itself.
If you use Pro Series Basic I might not be able to help you. If you use Turbo Tax I might refuse to help you. All others, watch out! ;-)
11/03/09 2:58pm PST
I'm not sure where it goes. I have an invoice and I post the payment against the invoice and into undeposited deposits. I am use to just using the register for everything. I have no idea where this client is sending the deposit but, when I view the register, there are no deposits there AT ALL!
11/03/09 2:59pm PST
I can't just enter them in the register because the P & L already shows the income. This is where I'm stuck. I have no way to reconcile the bank statement.
Accountant Man
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11/03/09 3:03pm PST
When you "Receive Payments" the amount goes against the invoice(or statement). The money goes into "Undeposited Funds," which is a QB default account. You then must "Make deposits" from the banking menu. At the top of the deposit window, where you can click on which checks to deposit, there is the list at the top with a drop-down menu. It defaults to the first bank account. Where does your's default?
If you use Pro Series Basic I might not be able to help you. If you use Turbo Tax I might refuse to help you. All others, watch out! ;-)
11/03/09 3:12pm PST
I think I know what you are saying. Right now, both the undeposited and the register I'm using is BEL. If the old bookkeeper is putting them in undeposited funds and then posting them to another checking account, they are not going to show up in the correct check register, right? So am I understanding that I need to go into each deposit and re-assign them to the correct account? If so, how do I do that?
raywhite28
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11/03/09 6:23pm PST
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Just open the deposit & change the checking account at the top.
Hope this helps. If so please mark solved, if not please ask more questions. Thanks!
