QB-2014 C-01
NEW! BOUNCED CHECKS (Pro, Premier, Accountant and Enterprise) What this feature does: Efficiently records the credit of funds to the bank account when a deposited payment is returned due to Insufficient Funds (NSF). Optionally creates a credit to the bank for the NSF fee, and a new invoice to the customer for any NSF fee charged. How to access it: Find the originally recorded customer payment transaction. This can be done many ways. Perhaps one of the easiest methods is from the Customer Center, select the Customer on the left; filter the details displayed on the right for Received Payments. With your mouse cursor, double click to open the selected customer payment. How does this improve your clients’ efficiency? One-click ease when recording a bounced check requiring multiple transactions. What pain does this feature solve? Takes the accounting “guess work” out of how to properly record that the customer still owes on the receivable, and that the bank has withdrawn the availability of funds