Thank you for getting back to us and for clearing that out, @ExoticBengal.
Yes, you can enter this as Journal Entry. Still, I suggest reaching out to an accountant or tax advisor to make sure to use the correct accounts to record it correctly.
To add a journal entry:
- Go to the Company menu and select Make General Journal Entries.
- Add all the necessary information. Make sure your debits equal your credits when you’re done.
- Select Save or Save & Close.
Check this article for detailed guidance: Create a journal entry in QuickBooks Desktop for Windows or Mac.
Also, here's more information on how to record and make bank deposits in QuickBooks Desktop.
Let me know if there's anything that I can help you in recording this transaction. I'm always here to assist. Have a wonderful day!
