Record Deposits into an Income Account In QuickBooks Online

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Record Income in QuickBooks Online

There are three primary ways to record income into QuickBooks Online:

  1. Sales receipt
  2. Invoice
  3. Deposit

If you do not need to track the items sold or the client they are sold to, you will likely choose method #3. This is where the bank deposits are not linked to a previous recorded entry int QuickBooks and instead are linked directly to an income account. These instructions will help you do this within QuickBooks Online.

Posting a Deposit Directly to an Income Account   

  1. Click the quick-create / plus symbol in the upper right corner.
  2. Click on bank deposit under the column other.
  3. Identify the account the deposit is going into, select the date, enter the appropriate income account into the space under account.

Click here to download these instructions as a PDF

Click here for a link to the QuickBooks Online sample file / sandbox

 

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