![]() I'll be attaching articles that will help you manage and process customer payments: You'll have to exclude or match existing transactions to avoid duplicates. These changes will already take effect on future transactions. For Where do you want to record processing fees? choose the proper expense account for tracking processing fees.In the Where do you want to record payments? field, choose the correct bank account.Go to QuickBooks Online and click the Gear icon at the upper-right.You'll want to change Cash On Hand to the real bank account to avoid duplicates. Just ensure that the Deposit to account set up in your QuickBooks Payments account matches the real account to where funds should be deposited to. The Undeposited Funds account may have caused the duplicates. I can show you how to change your account, PCE55. Or do I just have to Reconcile and then just delete the duplicate transactions? There seems to be a disconnect between the Go Payment App and QBO concerning the option to change which accounts cash and check payments are categorized in. Should I just record payments made by check via the QBO App or is there some way to get this straightened out in the Go Payment App? I prefer the Go Payment App because the interface is cleaner and it is quicker to complete transactions. Therefore, my QuickBooks Balance then is always higher than my actual Bank Balance. When I record the payment made by check it ends up being a duplicate transactions due to the bank feed showing a mobile deposit (I deposit my checks to my bank via mobile app), and then it also creates a transaction for the sales receipt, invoice, or payment in QuickBooks Online. I have been using the Go Payment App for iOS. The issue is that I don't use QuickBooks Online App to record those payments. I understand how to record all types of payments via Invoice, Sales Receipt, or Receiving a Payment. QuickBooks Cash is the account that I have paired with my QB Payments. I understand that with QuickBooks Payments, the bank account tied to that is where money goes when receiving credit card payments. I'm always around here to help.īecause our system automatically puts the money in your bank account and uses the bank account you picked when you signed up for QuickBooks Payments. In the Outstanding Transactions section, select the checkbox for the invoice your recording payment for, then select Save and close.įor future reference, read through this article to learn more about how to reconcile your account match your bank and credit card records to have accurate financial data.įeel free to message again if you have additional concerns.From the Deposit to dropdown, select the account you put the payment into ( Cash on hand).From the Payment method dropdown, select the payment method. ![]() Select the name of the customer from the Customer dropdown.Go to the + New menu, then select Receive Payment.To ensure the cash payments are recorded to Cash on Hand instead of Undeposited funds, you'll need to select the right account where you want the money will be deposited when you receive the payment. However, if your customer plans to pay you in the future, send them an invoice. You use a sales receipt if the customer paid you at the time of the sale, then you're all done. To handle payments by check, there are few ways to record them in QuickBooks. Because our system automatically puts the money in your bank account and uses the bank account you picked when you signed up for QuickBooks Payments. Thanks for posting your concerns today, That's right. ![]()
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