How would a customer payment would show in the bank feed?
When a customer makes a payment, the payment is “received” in Quick Books and it is applied to the outstanding invoice. How does this cash received show in the bank feed? It will not be a deposit since it was not coded as such. Would this payment made (and deposited in the bank account) show in the bank feed?
Welcome back L A! So another great question. When deposits are downloaded into the banking center in QuickBooks the program will try to find a payment that matches that amount. If it cannot find a payment, when you try to categorize that deposit, you can select the customer payments that are associated with that deposit and it will “match” the received payment you have already entered with the deposit that has been downloaded. I believe our how to manage downloaded banking transactions video tutorial will help to make this clear. I have included a link to the video tutorial below. It is the same one that I included in the previous question that you had. https://fitsmallbusiness.com/quickbooks-bank-feeds/
Thanks for the great questions and for reading!
All the Best-
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