Merchant Service Deposit (ACH transfers) not matching and not depositing?

Robert Bye
Dec 19, 2022 08:38 AM 1 Answers General
Member Since Apr 2022
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Hey, trying to match my Merchant Service Deposit (ACH transfers) can someone help me with the same? Also, I have to deposit it.

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Dec 19, 2022

It's so stressful having to deal with the same issue for three months. To help solve the manual matching issue, I have some options that I will let you check on your QuickBooks Desktop. Make sure that your QBDT's Auto match & record-setting is enabled. To have QuickBooks automatically deposit and track customer payments, enable automatic matching. Look at the below points:

  1. Choose Record Merchant Service Deposits by going to the Banking menu.
  2. Then you have to select Change your deposit settings.
  3. Look whether Auto match and record are enabled or not. Please turn on the feature if it is disabled, as it is helpful to auto-match your transactions in the system.
  4. At last, when you have finished you have to click on Save.

On your chart of accounts, QuickBooks will now automatically group customer payments each day and record them. You should review the transactions in QuickBooks Desktop.

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