QB Issue Resolution:
“But we cannot “make deposits” to the bank account because it’s not in QB as a bank account, but as an “other assets” account. ”
Open the Chart of Accounts, Edit that account and Fix it here.
“We want to actually deposit these checks into this bank account. But how do we do that in QB?”
You also have Make Deposit, bottom Left, “Cash goes back to” and that is where you can flow partial amounts to Other Asset, Owner Equity, etc.
You need to Change your account type, though. There is no reason to keep Limping along with this crippling setup.
Resolution for Issue 'How do we “make deposits” into an Other Assets account?' available: Yes (Solved).
Source: Intuit Community forum.
How do we “make deposits” into an Other Assets account?: 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.Support for Assets account
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Error Recovery for Assets account [Canada]
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