@melissa.san.roman: QuickBooks Tip: Avoid this Double Income Mistake 🚨 If you’re not matching bank feed deposits to invoice payments, you might be overstating your income! Here’s how it happens: ✅ You create an invoice (income recorded). ✅ You receive payment into Undeposited Funds (reduces A/R). ✅ You deposit the payment in your bank (moves funds correctly). 🚨 The Mistake? When the bank feed imports the deposit, instead of matching it to the received payment, you accidentally categorize it as new income. ⚡ Result? Your income is counted twice! 🔹 Always match deposits in the bank feed to recorded payments. 🔹 Regularly check your Undeposited Funds for unprocessed transactions. 🔹 Use Bank Deposit to group payments properly. 🔹 Review your Profit & Loss to spot duplicate income. 👉🏻 Follow me for more QuickBooks Tips #QuickBooks #SmallBusinessFinance #entrepreneur #SmallBusiness #businessfinance

Melissa San Roman

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Region: US

Tuesday 30 June 2026 01:24:53 GMT