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Bank Service: invoicing, depositing and matching downloaded transactions when the fee is taken out before it is deposited so it doesn’t match the invoice. How do I rectify this problem

I can certainly help you in recording the bank service fee so the money deposited into your bank account matches your transactions in QuickBooks Online.

First, you will need to record the customer payment and deposit the amount to Undeposited Funds:

Click the Plus (+) icon.
Choose Receive Payment.
Enter the customer name.

[…]

Resolution for 'Bank Service issue: 'invoicing, depositing and matching downloaded transactions when the fee is taken out before it is deposited so it doesn’t match the invoice. How do I rectify this problem' available: Yes.

The Bank Service 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 Bank Service issue yourself by looking for a resolution described in the article. If it is a complex Bank Service issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bank Service support options.

For more information about resolving issues related to Bank Service in Quickbooks/QBO or to get support for the issue 'invoicing, depositing and matching downloaded transactions when the fee is taken out before it is deposited so it doesn’t match the invoice. How do I rectify this problem', click the link below:

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Bank Service: How to set up direct deposit using bank service?

“I print out the checks on blank paper”

Why not use the Payroll Summary Report?

“and use that info to input at the bank. The problem is the bank debits our checking account the total of the checks but in the QB register the checks are listed individually.”

Make one bank account and […]

Resolution for 'Bank Service issue: 'How to set up direct deposit using bank service?' available: Yes.

The Bank Service 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 Bank Service issue yourself by looking for a resolution described in the article. If it is a complex Bank Service issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bank Service support options.

For more information about resolving issues related to Bank Service in Quickbooks/QBO or to get support for the issue 'How to set up direct deposit using bank service?', click the link below:

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Bank Service: Should I record merchant account charges and fees under “merchant account fees…cost of goods sold” or should I record them under “bank service charges”?

For most businesses, they are considered bank fees, which is an expense. At least that has been the case with the businesses I have worked with over the years. Here is a good discussion among CPA’s on where they should be accounted for: https://www.proformative.com/questions/accounting-for-merchant-fees

Resolution for 'Bank Service issue: 'Should I record merchant account charges and fees under “merchant account fees…cost of goods sold” or should I record them under “bank service charges”?' available: Yes.

The Bank Service 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 Bank Service issue yourself by looking for a resolution described in the article. If it is a complex Bank Service issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bank Service support options.

For more information about resolving issues related to Bank Service in Quickbooks/QBO or to get support for the issue 'Should I record merchant account charges and fees under “merchant account fees…cost of goods sold” or should I record them under “bank service charges”?', click the link below:

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Bank Service: How did a check with no number get entered for bank service charges, and not cleared during last month’s reconciliation?

It is possible that it is for the bank service charges for last month but dated wrong. I have seen it populate the right date for the bank rec but an advance date for the bank charges. If you don’t change it, it will enter that way. Search for the […]

Resolution for 'Bank Service issue: 'How did a check with no number get entered for bank service charges, and not cleared during last month’s reconciliation?' available: Yes.

The Bank Service 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 Bank Service issue yourself by looking for a resolution described in the article. If it is a complex Bank Service issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bank Service support options.

For more information about resolving issues related to Bank Service in Quickbooks/QBO or to get support for the issue 'How did a check with no number get entered for bank service charges, and not cleared during last month’s reconciliation?', click the link below:

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Bank Service: I need help with reconcillation

Unfortunately, I will be hard for us to help you from here. You could hire someone to help you with the bank rack or you can look at some YouTube videos on the steps to do it yourself.

Basically you enter the ending balance and any bank service fees in the […]

Resolution for 'Bank Service issue: 'I need help with reconcillation' available: Yes.

The Bank Service 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 Bank Service issue yourself by looking for a resolution described in the article. If it is a complex Bank Service issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bank Service support options.

For more information about resolving issues related to Bank Service in Quickbooks/QBO or to get support for the issue 'I need help with reconcillation', click the link below:

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Bank Service: How do I delete a deposit on the payment side of reconciliation?

Now I know what you did. On the screen that you first enter the ending balance for your bank account on, if you look where it says bank service charges all the way to the right, you are using your bank account so you’re putting it right back into the […]

Resolution for 'Bank Service issue: 'How do I delete a deposit on the payment side of reconciliation?' available: Yes.

The Bank Service 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 Bank Service issue yourself by looking for a resolution described in the article. If it is a complex Bank Service issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bank Service support options.

For more information about resolving issues related to Bank Service in Quickbooks/QBO or to get support for the issue 'How do I delete a deposit on the payment side of reconciliation?', click the link below:

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Bank Service: When I enter interest on the edit statement information for reconciliation, it automatically adds a deposit on the checks and payment side. How do I correct this?

Are you entering it as a bank service charge and as interest? Or are you using an item?

Resolution for 'Bank Service issue: 'When I enter interest on the edit statement information for reconciliation, it automatically adds a deposit on the checks and payment side. How do I correct this?' available: Yes.

The Bank Service 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 Bank Service issue yourself by looking for a resolution described in the article. If it is a complex Bank Service issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bank Service support options.

For more information about resolving issues related to Bank Service in Quickbooks/QBO or to get support for the issue 'When I enter interest on the edit statement information for reconciliation, it automatically adds a deposit on the checks and payment side. How do I correct this?', click the link below:

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Bank Service: Schedule C: Other Business Expenses

This is where you should list any other business-related expenses that you haven’t entered in a previous category.

Examples include:

Answering services
Bank service charges
Bankruptcy filings
Books, magazines, newspapers, subscriptions for business
Cell phone costs (both equipment and service costs)
Conferences, conventions
Continuing education expenses
Credit and collections […]

Resolution for 'Bank Service issue: 'Schedule C: Other Business Expenses' available: Yes.

The Bank Service 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 Bank Service issue yourself by looking for a resolution described in the article. If it is a complex Bank Service issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bank Service support options.

For more information about resolving issues related to Bank Service in Quickbooks/QBO or to get support for the issue 'Schedule C: Other Business Expenses', click the link below:

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Bank Service: Quickbooks Bank Service Charges for $14.95 on Wells Fargo stmt.

The financial institution charges the fee, generally for direct connect, however it’s my understanding these fees do not apply to the online version connection type.

https://community.intuit.com/questions/828637-if-i-have-stopped-using-a-desktop-version-of-quickbook…

Resolution for 'Bank Service issue: 'Quickbooks Bank Service Charges for $14.95 on Wells Fargo stmt.' available: Yes.

The Bank Service 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 Bank Service issue yourself by looking for a resolution described in the article. If it is a complex Bank Service issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bank Service support options.

For more information about resolving issues related to Bank Service in Quickbooks/QBO or to get support for the issue 'Quickbooks Bank Service Charges for $14.95 on Wells Fargo stmt.', click the link below:

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