QuickBooks has default settings for transaction types. The option to categorize those payment methods is unavailable in QuickBooks Online (QBO), rschmidt.
When you enter a payment or deposit, it may automatically categorize it as a check even though they are not traditional checks.
I know this functionality would be beneficial to your business. I'd recommend sending feedback directly to our Product Development team. Doing so helps us improve your experience and the features of the program.
Here's how:
- Go to the Help menu and then select Send Feedback Online.
- Choose Product Suggestion.
- Add the type of feedback.
- Type in your feature suggestion.
- Once done, click Send Feedback.
If you need help running reports or creating your budgets, please see these articles:
I've added this article that'll help you review your QuickBooks accounts to ensure they match your real-life bank and credit card statements. Reconcile an Account in QuickBooks Desktop.
Please keep us posted if you have more questions about managing your transactions in QuickBooks. I'm always here to help you out.
