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Since you do have your bank accounts connected to your QuickBooks, I’m a bit confused as to why both transactions do not go through the bank account. I’m assuming that you deposit the check received for $200 to your bank account. I’m also assuming that you write a check for the refund of $175. If that is the case, then not sure why only the net of the two is recorded in QuickBooks.
What am I missing?
Crystalynn Shelton, CPA