How to Enter Customer Payments and Deposits in QuickBooks
When making bank deposits you also deposit payments all at once from different sources. Your bank usually records all you’ve deposited after doing total and keep in a single record. If you enter these same payments in QuickBooks as individual accounts, they do not suit your deposit. In these cases, QuickBooks provides you with a special way of arranging it so that your documents suit your real-life bank deposits. Put transactions into your Undeposited Funds account which you want to merge. Instead, combine or record a bank deposit. Various ways you can enter customer payments and deposits in QuickBooks You can enter customer payments that are made by a check Enter through a bank deposit Enter customer payments received through electronic funds Let’s have a look on how to enter customer payments in QuickBooks To enter a payment initially you go to the customers’ menu and then click on the received payment. After that, you have chosen the “received from” and you can choo...