From the course: QuickBooks Online Essential Training

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Create a deposit as income

Create a deposit as income

From the course: QuickBooks Online Essential Training

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Create a deposit as income

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- Let's talk about creating a deposit as income. To create a deposit as income, we're going to click on the new transaction button and then click on bank deposit. Keep in mind that this workflow is a little bit different compared to when you're creating an invoice or a sales receipt prior to recording income. We record a deposit as income when we are not going to create an invoice or a sales receipt prior. When you go create a bank deposit, if there's any invoices or invoice payments rather, and sales receipts that have been deposited into undeposited funds or payments to deposit, they're going to be showing on this list of payments that is here. However, if we're not depositing a previous invoice or sales receipt, and we are going to record a specific deposit as income, we're going to skip that part and scroll down to where it says add funds to deposit. This area where you add funds to deposit is where you specify which…

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