Have you ever had a customer's check that "bounced"?  It happens fairly often and it can be confusing on how to record it accurately in QuickBooks so your bank and customer balances are adjusted properly.  If you are using QuickBooks 2014 or 2015 (Desktop versions), Intuit now has a new feature that helps you easily record the NSF check.  To record an NSF check in QuickBooks 2014 or 2015, follow these steps:

1. Go to Home Page > Receive Payments.  In the Receive Payments window, scroll back until you find the original payment record for the NSF check.
2. In the ribbon bar above the transaction, click on the Record Bounced Check icon.  A window will open that will prompt for bank fee and date.  Enter the amount the bank charged you for the NSF check (if any) and the date of the charge.  You can also enter a fee to charge your customer if you want to bill the customer for the bounced check fees.  If you don't want to charge any fees, leave the field blank.  Click Next button.
3. QuickBooks will display a Bounced Check Summary screen which will show the transactions that will be created.  If something isn't correct, you can click the Back button to make corrections.  Click Finish to record the NSF check.
4. Once the transaction is recorded, the system will show "Bounced Check" on the screen for the payment.  If you want to re-send the original invoice to your customer and/or send them the invoice for the NSF check fee, go to Customer record and open the invoice, then print or email the invoice(s).

If you have questions on the procedure above, or are using an older version of QuickBooks without the Bounced Check feature, please contact me for further assistance at 763.227.1841 or email me at Tracey@FirstTierAccounting.com.