BQE Knowledgebase



Issue with sending client retainer from BillQuick to QuickBooks

Problem: When sending a client retainer from BillQuick to QuickBooks, retainer deposits are posted to the incorrect account.

Cause: QuickBooks posts the deposit to a specific account if the item is of Payment type.

Solution: In order to change the deposit account in QuickBooks, do the following: 

1. In QuickBooks, go to the List menu > Item List.  

2. Find BQRetainerPayment from the list. Right click on this option and select Edit Item.

3. In the Deposit To column on the Edit Item screen, select the correct account from the drop-down list. 

4. Click OK.

Note: You can post the retainer payment to a Trust Fund Account, which is a separate bank account for retainers. 

For more details, please check out this video: http://upload.bqe.com/Data/119951N/BQRetainer.mp4



Related Articles

Attachments

No attachments were found.

Visitor Comments

Article Details

Last Updated
12th of December, 2016

Product
BillQuick

Would you like to...

Print this page  Print this page

Email this page  Email this page

Post a comment  Post a comment

 Subscribe me

Subscribe me  Add to favorites

Remove Highlighting Remove Highlighting

Edit this Article

Quick Edit

Export to PDF


User Opinions

No users have voted.

How would you rate this answer?




Thank you for rating this answer.

Continue