QB Issue Resolution:

Thank you for posting in the Community. Allow me to help share additional details about recording historical data in QuickBooks Online.

 

To start, I’ve provided short descriptions below about the transaction types you see in the drop-down list.

 

Check– You use regular checks to pay for a fixed asset, inventory and non-inventory part, service, other charges, and any expense you track.
Deposit– You can use this when recording your customer payments. You can either deposit each payment directly into a QuickBooks bank account, or you can group payments together to be moved to that account later.

Sales Receipt– Used for goods/services rendered at the time of a purchase (sometimes referred to as a “point of sale” purchase), or if your customers give you immediate payment.

Receive Payment–  If you issue an invoice, you use Receive Payment to record customer payment.

Bill Payment– You use this when you make a payment to a bill which you owed to your vendors.

Refund–  Issue a refund check when you need to return an amount to your customer.

Expense- Recording transactions directly paid by either bank or credit card.

Transfer–  A transfer you’ve made between two balance sheet registers

Journal Entry- You can use it when the other transaction types do not apply.

 

Additionally, the following articles contain more information about recording historical transactions in QuickBooks:

These resources should help to get you back on track and enter data in QuickBooks. Stay in touch if you have any other questions about recording prior transactions in QuickBooks. I’ll be happy to help you out. Have a great day ahead.

Resolution for Issue 'Can someone run through the different options of the transaction RefNo./Type Field in the register, and give a short explanation what they’re for, and when would they be used? I’m trying to manually input some transactions that were not automatically done so with linking my bank account. There’s a dropdown box for this field, and I want to know that I’m using the correct option for various transactions. I’ve seen several places that there are the different options, but no explanation as to when to choose which one. The options on the drop down box are: – Check – Deposit – Sales Receipt – Receive Payment – Bill Payment – Refund – Expense – Transfer – Journal Entry Thanks!' available: Yes (Solved).
Source: Intuit Community forum.

Can someone run through the different options of the transaction RefNo./Type Field in the register, and give a short explanation what they’re for, and when would they be used? I’m trying to manually input some transactions that were not automatically done so with linking my bank account. There’s a dropdown box for this field, and I want to know that I’m using the correct option for various transactions. I’ve seen several places that there are the different options, but no explanation as to when to choose which one. The options on the drop down box are: – Check – Deposit – Sales Receipt – Receive Payment – Bill Payment – Refund – Expense – Transfer – Journal Entry Thanks!: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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