How to Record a Bounced Check in Quickbooks Online
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- čas přidán 6. 08. 2024
- How to record a bounced check in Quickbooks Online. There is nothing more frustrating when a customer pays their invoice then you come to find out their check bounced! The tougher question is, how do I record a bounced check in Quickbooks Online?
You have to 1) take it out of your bank balance, 2) record the fee the bank charges you and 3) issue a new invoice to the customer for what they owe you. It can be overwhelming trying to figure out how to record a bounced check in Quickbooks Online, but this video shows you the exact steps to do it right and keep your books in line.
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Hello Mat. Thanks for the tutorial about bounced check. I just subscribed to your channel! Can you please clarify if the original check was recorded as income and deposited to the bank to find out it's bad. If yes, do you delete the deposit transaction? And as you mentioned bill the customer AGAIN. Else you will have 2 deposits.
Thank you for this helpful video!
You’re welcome!
Please correct me if I am wrong, but shouldn't we create a new invoice since the bounced check and fees invoice is used to offset the deposit that was made? If the customer pays the invoice you showed in this video then we will have two deposits? Please advise
Do you have a video if your own check bounced on a bill payment or is it the same way but make a new bill?
Why is the bounced check not on the reconcile page?
Kindly guide me on how to post witholding tax deducted from a vendor account and is supposed to be paid to the government