Thank you for sharing your steps on recording Venmo payments in QuickBooks Online (QBO), @Wen23.
Allow me to provide some information and help you record your Venmo payment correctly in QBO.
First off, please know that Venmo is just a third-party service that sends your money from your accounts to the vendor. With that said, you don't need to create a Venmo account on your QuickBooks and make a deposit every time you received a payment from Venmo.
To properly record the Venmo payments, you can make a deposit directly to your checking account used. Then, add the service fees if necessary.
Once everything is recorded and you're ready to reconcile your accounts, feel free to check out this article for more directions: Reconcile an account in QuickBooks Online. This will surely help you match your QuickBooks transactions to your bank statement.
Let me know how it goes, I want to make sure this is taken care of, @Wen23. Thanks for dropping by!
