Mich_S
QuickBooks Team

Payments

Thank you for joining the thread, @Maid LIz.

 

I'll go ahead and share additional information on how you can Venmo payments in your QuickBooks Online.

 

You'll need to first create an invoice then record payment to Undeposited Funds.

 

To create an invoice:

  1. Open the Sales menu.
  2. Go to the Invoices tab then click on Create Invoices.
  3. Fill out all necessary information.
  4. Click on Save and send.

 

To receive split payment:

  1. Open the invoice and receive a payment to Undeposited Funds.
  2.  Click on Save and close.

After that, follow Step 2 from this guide to combine payments amounting to $300: Record and make bank deposits in QuickBooks Online.

 

Lastly, match the transaction deposited from Venmo.

 

For future reference, read this to know more on how to manage invoices in QBO: Customize invoices, estimates, and sales receipts in QuickBooks Online.

 

We're always here to back you and your business. Just leave your comment below if you need extra help with payments or QuickBooks. Take the best care!