Depositing payments


show more Depositing payments provides you with in-depth training on Business. Taught by Bonnie Biafore as part of the QuickBooks Pro 2010 Essential Training show less
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Depositing payments

Whether your customers pay at the time of purchase or send in a payment later, you have to record the deposit in QuickBooks and deposit the money in the bank. Initially, QuickBooks is set up to store payments you receive in a QuickBooks account called un-deposited funds, because that's what they are. Payments you haven't deposited yet. The final step in QuickBooks is making deposits. Although you might think that you want to deposit all your payments at the same time, you can choose which payments you want to deposit.

For example, you can deposit checks and cash in your checking account, while credit card payments get deposited to your merchant credit card account. On the homepage, click Record Deposits, which is in the Banking section. QuickBooks opens both the Make Deposits window and the Payments to Deposit window. Your first stop though is Payments to Deposit. If you stash all your money in your checking account, leave All type selected in the View payment method type box.

To f...

Depositing payments
Video duration: 3m 31s 3h 45m Beginner

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Depositing payments provides you with in-depth training on Business. Taught by Bonnie Biafore as part of the QuickBooks Pro 2010 Essential Training

Subject:
Business
Software:
QuickBooks
Author:
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