/Tag:Match bank feeds

How to undo a mistake in the bank feeds in QuickBooks Online

A common mistake in the bank feeds is to click the add button for income instead of matching a customer payment. This mistake could lead to overstating income on your P&L report.  If you are using invoices or sales receipts you will want to match the receive payments by your customers. If you find that you are adding income in bank feeds by clicking the add button then there will be an open invoice associated with the customer. Creating an invoice means you need to have a receive the payment associated with it. Alternatively, you can use sales receipts to recognize customer payments on the spot. Below is a screen shot of the bank feeds [...]

By | 2018-06-21T09:28:07-05:00 June 21st, 2018|QuickBooks Online|0 Comments