BridgetAG
Level 2

How to Handle Those Tiny Test Credits and Debits When Connecting Online Bank Accounts?

When you connect accounts from different banks, they often do a test in which the do two deposits of some small amount under a dollar and then withdraw them the same day. Confirming those amounts is a validation that you are in fact the account holder of both. Great.

 

But now my QBO has these three poky transactions that I would like to ignore but have to deal with. Suggestions for how to classify them so it doesn't look like income or expenses (though the amount is so small it is insignificant I would prefer them to not be counted as such).

 

Thanks for your wisdom!

Solved