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Deleted Deposit - Throwing off reconciliation

I had a previous deposit, back in february, that was cleared, lets say for $100.00

Back in October, I created an invoice for the same job and then received the payment (again) for the invoice, so it would zero-out the balance of my client account.

I then deleted the first cleared deposit and kept the deposit via the receive payment module.

Today I went to reconcile my account and the beginning balance is off by the same amount of the deposit.

Question is, how do i get QB Pro 2006 to recognize the deposit and show the correct beginning balance.

Thanks in advance.

Reply to
Anon
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don't worry about the beginning balance, just put in your ending balance and reconcile and all should be well.

That is, if I understand your situation correctly.

Reply to
Gil Faver

You'll need to re-clear the new deposit - it should show up in your reconciliation.

There's a better way to handle this so it doesn't happen. Next time, don't delete the deposit, when you do the receive payment have it go to undeposited funds instead of straight to the bank account. Then open the original deposit, click on Payments (just above the deposit date box) and select the received payment. Delete the line with the original payment & you're left with the Customer Payment thru Undeposited Funds & the same deposit amount. This will leave the deposit as cleared and not effect the bank reconciliation balances.

Reply to
Scott

I held my breath, took my chances and it worked.

I ignored the wrong beginning balance, the deposit showed up in my deposits, although it showed as already cleared, everything else balanced. After I completed the reconciliation, I then pulled up the reconciliation again, as if I were doing next month's, and the beginning balance does match my ending balance this month. Phew!

Thanks to both posters to my question.

"Gil Faver" and reconcile and all should be well.

Reply to
Anon

Great that it worked for you. Suggestion for holding your breath for a shorter period. File > close company > File > open company > highlight company > right click > Copy > put cursor at a blank space > Paste. You will now see a "Copy of xyz.qbb", being an exact current copy of you company file. Double click on it, to open, CHANGE TOE COMPANY NAME because you may forget that you are working with the copy. Now you can make test to your hearts content. If it turns out wrong, File > close company > File > open company >

highlight Copy of company > Delete. Then make a new copy of company and start the test over again. Muuuuch easier on the lungs.

Reply to
Arno Martens

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