How to Enter Electronic Withdrawals in QuickBooks

Intuit QuickBooks is a software accounting program geared to small- to mid-sized business owners with little-to-no accounting experience. It gives you the ability to track sales, record invoices, add shipping charges, manage inventory, upload your banking transactions and even electronic withdrawals. No actual section within the software is geared toward recording electronic withdrawals but you can save the data on your withdrawal through the "Write Checks" feature.

Instructions

    • 1

      Launch your QuickBooks program and click "Banking," "Write Checks."

    • 2

      Type in details of the use of the electronic withdrawal such as to pay a bill or purchase and the date.

    • 3

      Remove the check mark next to the box labeled "To Be Printed" and enter "EFT," electronic funds transfer where it asks you to enter the check number. Your electronic withdrawal amount, data and any other detailed data you have entered will be saved in QuickBooks.

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