One of the benefits of having transactions automatically download into QuickBooks from your financial institution is that the software will check to see if the transaction was previously recorded, or if there is a related transaction.
In the following screenshot, QuickBooks has attempted to match three transactions:
The following is a brief explanation of the preceding three transactions:
- Deposit for $868.15: QuickBooks has found a deposit in the file for $868.15 (dated 08/05/19), which matches a deposit the bank has downloaded to the banking center for $868.15. If these transactions are one and the same, you would ...