How do you record a deposit in QuickBooks Online?

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To record a deposit in QuickBooks Online, the correct method is to go to the "+ New" icon, select "Bank Deposit," choose the appropriate account where the deposit will be made, and then enter the details of the deposit. This process ensures that the deposit is accurately reflected in the chosen bank account within your QuickBooks Online records.

The "+ New" icon serves as a centralized location to access various functions within QuickBooks, and selecting "Bank Deposit" is specifically designed for recording incoming funds. By choosing the correct bank account, you ensure that the deposit is allocated correctly in your accounting records.

Furthermore, entering the details allows for proper documentation of what the deposit is for, which is crucial for accurate bookkeeping and financial tracking. This method integrates directly with the bank feeds as well, helping to streamline reconciliation processes later.

While there are other functions available for recording transactions, they might not capture all the necessary details for a bank deposit effectively. Thus, option A provides the most efficient and structured approach to recording a deposit in QuickBooks Online.

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