bank accounts Archives

Double-entry accounting: Why are my transactions entered twice?

October 19, 2010 by Debi Calvet

QuickBooks newcomers who enter transactions for the first time are sometimes mystified by what looks a bit strange. They write a check and see an offsetting deposit appear right below the check in the register. They enter a credit-card charge and see … [Read more...]

Filed Under: Accounts, Featured Articles, Getting Paid, How do you do it?, Invoices, New to QuickBooks, QuickBooks Essentials, Square One Tagged With: accounting, accounting field, accounting systems, accounts receivable, bank, bank accounts, banking, business account, debits and credits, deposit account, double entry accounting, double-entry, expense account, finance, generally accepted accounting principles, mac, payment systems, quickbooks

How to handle a bounced check

June 14, 2010 by Shelly King

NSF... Non-Sufficient Funds. It sucks. There's no other words for it. Not only do you not have money that's due you, but your bank probably charged you a fee for depositing a bad check. On top of that, the payment is already in QuickBooks. How do you … [Read more...]

Filed Under: Banking, Deposits, Featured Articles, Getting Paid, Invoices, Let us show you, Reconciliation Tagged With: bad check, bad check charges, bank, bank accounts, bank charges, bank fees, banking, bounced check, checks, cheque, deposit account, finance, funds, handle, non-sufficient funds, NSF, overdraft, payment systems, quickbooks

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