Yes, those are the same steps for payments that are posted on your Checking account, naturecoastag.
After manually entering the deposit in QuickBooks, you can match it with payment on the Checking account. This way, it won't cause duplicate entries on your Chart of Accounts.
Let me show you how to match them:
- Find a downloaded transaction with the Match option in the Action column on Banking page.
- Note the Date, Description, Payee, and amount spent or received.
- Select the downloaded transaction to expand the view.
- Review the Matching records found in QuickBooks. This is the possible matching transaction you already entered in QuickBooks.
- Select the link next to each match to get more details.
- Make sure this is the correct match. In particular, review the Deposit to, Payment method, and Bank account fields on forms for the existing transaction in QuickBooks.
- If this is the correct match, close the open transaction.
- Select Match.
The final step is to reconcile your bank accounts. This ensures your books are accurate and there aren't any duplicate transactions.
Don't hesitate to post again if there's anything else you need about recording payments in QuickBooks. I'm always glad to help you.
