How to Process Credit-based Transactions in QuickBooks Online

Authored by: Support.com Tech Pro Team

1. Introduction

How to Process Credit-based Transactions in QuickBooks Online

 

2. Process Credit-based Transactions

Credit transactions will default to Deposit unless matched with an Open Invoice or Invoice payment. The Deposit selection can be changed to Sales Receipt or Transfer transaction types. The Transfer option is useful when transferring money from one bank account to another, drawings entry, or loan account