How To Register A Returned Check In Quickbooks

Select save and new to create the second item.

How to register a returned check in quickbooks. Go to the customers menu then select receive payment. Next you click and select the check number you want to void. Choose the client in the customer column that it was returned. Select new select service as the item type. Create a chart of accounts called bounced checks as an accounts receivable.

In the number field type the check number. No check number 4. Open the check register that the money came out of. Enter the amount of the returned check 5. I sell this product service to my customers.

Under the name field enter. Type the date of the returned check 3. Open the bank account register. See more quickbooks tutorials. First locate the menu as banking click and then select use register then you click on the account where the check details were written from.

Make journal entries from bank account to this new account to record money going out and coming back in. Sometimes when you choose the banking use register command quickbooks displays the use register dialog box. To record a check using the account register. The use register dialog box asks you to select the bank account that you want to display in a register. Find and open the check then select bounced check.

Click the split button 6 for the account choose accounts receivable 7. In the date field type or select the check date. Now click edit and select void check. Set up a bounced check fee in the products and services list. You can only use the bounced check feature if the customer payment is a check you already entered in quickbooks and isn t deposited to the undeposited funds account.