“Had cd worth 10,000”
Which would have already been in the Chart of Accounts as an Other Asset or Bank type account.
“cashed in 25.00 penalty so I have 90975. to general account?”
That is Banking menu > Deposit from CD account to Checking; put the full $10k on the first line. On […]
Resolution for 'CD account issue: 'If cash in cd, how do I record this?' available: Yes.
The CD account 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 CD account issue yourself by looking for a resolution described in the article. If it is a complex CD account issue or you are unable to solve the issue, you may contact us by clicking here or by using other CD account support options.
For more information about resolving issues related to CD account in Quickbooks/QBO or to get support for the issue 'If cash in cd, how do I record this?', click the link below: