How would I go about making the corrections so that the top amount would be the actual number that hit the bank account after unclicking the cancelled check?
Hello, Can you a video about . You getting a refund from your vendor. Let’s say you paid them at the time when you didn’t have QBO but they refunded you at the time when you had QBO. Do you received the refund under a/p ? And if so, what else after that ? Any credit ? Or anything else ? What if the month is already reconciled. ?
in this example, you booked the payment as if you knew you were going to refund it. If the original payment was applied to an invoice, and then at a later time, the payment needs to be refunded, how is that handled with restoring the customers balance to the original invoice amount?
You’ll have to delete the received payment tied to the invoice and correct the deposit as shown in this video. This way there is no payment tied to the invoice and the deposit is complete.
How would I go about making the corrections so that the top amount would be the actual number that hit the bank account after unclicking the cancelled check?
Hello,
Can you a video about . You getting a refund from your vendor.
Let’s say you paid them at the time when you didn’t have QBO but they refunded you at the time when you had QBO.
Do you received the refund under a/p ? And if so, what else after that ? Any credit ? Or anything else ? What if the month is already reconciled. ?
Beautiful
Thank you! Cheers!
in this example, you booked the payment as if you knew you were going to refund it. If the original payment was applied to an invoice, and then at a later time, the payment needs to be refunded, how is that handled with restoring the customers balance to the original invoice amount?
You’ll have to delete the received payment tied to the invoice and correct the deposit as shown in this video. This way there is no payment tied to the invoice and the deposit is complete.