How to Delete a Deposit in QuickBooks Desktop?

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Delete/Undo a Deposite in QuickBooks Desktop
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Delete a Deposit in QuickBooks Desktop

• QuickBooks is an accounting software loaded with
  advanced features. Small and medium-sized
  business proprietors across the globe trust it to
  maintain their business easily and meet their
  financial goals. While it's incredibly easy to
  use, there are a couple of features that are
  somewhat complicated. Deleting a deposit in
  QuickBooks is one such feature and we are going
  to explain the same here in this article. In the
  event that you make an off-base payment or an
  unnecessary payment, you can delete the deposit
  assets to stay with your's books right.
• How about we start by understanding payment
  categories in QuickBooks. QuickBooks payments are
  split into two divisions i.e, Deposited payments
  and undeposited funds.
• The deposited payments hold the individual
  payments and deposits into the bank, and the
  subsequent one, the undeposited payment holds the
  small payment that you get all through the same
  day.

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How to Delete a Deposit in QuickBooks Desktop?

• These steps will assist you with understanding
  the right strategy for removing deposits in
  QuickBooks. In the event that you are looking for
  how would I delete the deposit in QuickBooks, at
  that point the below steps will help you
• At the very first, go to the lists and look for
  the chart of accounts icon.
• Next, you need to double-click on the account and
  also double-click on the deposit.
• If you need to delete a specific payment, then
  you have to select it from the list.
• Next, click on the edit tab and click on the
  delete line.
• At last, select the delete deposit in case there
  is a need to delete the complete deposit.

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Steps to undo a Payment from deposit in
QuickBooks

• You can follow the below-mentioned steps to
  remove a payment from a deposit in QuickBooks
• Go to QuickBooks Homepage and open Record Deposit
• Select Banking menu and the Make Deposits
• Tap on Cancel if the window for Payments to
  Deposit opens
• Choose Previous to browse through the
  transactions till you locate the payment or
  deposit that has to be deleted.
• Tap on Edit menu and then select Delete Deposit
  to remove the deposit in QuickBooks.

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Steps to Remove Duplicate Payments in QuickBooks

• Duplicate payments show up in QuickBooks when by
  mistake you enter the payment twice if
  coincidentally you may have entered the payment
  more than once. Follow the below-referenced steps
  to easily delete duplicate payments in
  QuickBooks.
• Click on the QuickBooks icon desktop and select
  the company file.
• After your company file opens on your computer
  screen, go to the Banking menu and select Make a
  Deposit from options on the screen.
• Choose the part that has to be deleted and then
  choose Edit.
• Next, hit edit Delete Line from the drop-down
  menu.
• Click Save for changes to get applied.
• Now, move to the List menu and select Chart of
  Accounts.
• Double-click on the undeposited funds and the
  bank account register will open.
• Finally, click on the duplicate payment that has
  to be deleted and use the Edit tab to Delete
  Payment.

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Steps to Delete or Undo Deposited Payment in
QuickBooks

• Open QuickBooks and tap on the Record Deposits
  icon available under the Banking tab on the
  dashboard.
• Wait for the Payments to Deposit window to appear
  and then click Cancel under the Make Deposits
  View section.
• I order to delete payments in QuickBooks, click
  on the particular deposit. If you are unable to
  find it, click Previous and find a specific
  entry.
• Go to the Edit menu and press Delete Deposit.
• A warning message will appear, press OK to
  confirm the action.
• Follow the below-mentioned steps to remove a
  payment from un-deposited funds in QuickBooks.

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Delete or Undo a Payment from Undeposited Funds

• Go to QuickBooks and select Lists
• Choose Chart of Accounts.
• Select un-deposited funds from the drop-down list
• Do a right-click on Amount to be deleted and
  click Delete Deposit in the available options.
• Press OK for confirming the action

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Delete or Undo a Payment in QuickBooks Online

• If you are using QuickBooks Online, follow the
  below-mentioned steps to delete a payment.
• Open QuickBooks Online, go to Customers menu and
  select the particular customer.
• Wait for the payments to be displayed and select
  the payment to delete.
• On the payments window, click More and then
  Delete.

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How Can You Delete a Deposit in QuickBooks
Desktop?

• You have got the idea that, how to delete and
  undo a deposit in QuickBooks. However, never
  forget that deposit, and direct deposit is not
  the same, so don't be confounded while canceling
  direct deposit, and reversing deposit in
  QuickBooks.
• I hope this article will assist you with learning
  how to delete a deposit in QuickBooks Online and
  Desktop. After the above guidelines, in the event
  that you actually facing any kind of issue with
  the same topic or any other issue related to
  QuickBooks, please go ahead and contact Bigxperts
  Team.