Step 2: Use the items you created in Step One to re-invoice the customer for the bounced check, plus any bank fees you want to recover. In the Account field, choose Bank Service Charges.Create a second Other Charge item titled " Bounced Check Fee" for the service charge you assess your customers for bouncing checks.In the Account field, select your bank account (for example, Checking).From the Tax Code list, choose Non (if you use Tax Codes).Under Type choose Other Charge and name it " Bounced Check".Click Items at the bottom of the list and then click New.Go to the Lists menu and click Item List.Step 1: Create items for tracking bounced c hecks and their associated charges: If they are already on your Item List, you can skip step 1. Go to Lists, Item List and look for Other Charge Items called Bounced Check and Bounced Check Fee. When a customer's check is returned for insufficient funds, perform the following steps in QuickBooks ®įirst, check to see if these items have already been set up in your QuickBooks file.
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