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knowledge is power make an impact by learning more cause right now for more health at eight six six nine four five eight zero seven how to record a negative deposit in quickbooks online first of all why would you want to write the classic case here and thereamp;#39;s going to be other contexts in which this will come up but the classic situation is receiving credit card payments from customers and unfortunately sometimes we have to refund to customers money and when we do that there might come along a day when we have more in refunds that weamp;#39;ve issued than we do in payments that weamp;#39;ve received so we end up with a net negative deposit which for all intents and purposes is ultimately a payment the credit card processor is going to actually take money out of our account instead of doing what they normally do which is put money into it now in QuickBooks desktop youamp;#39;re able to actually record that as a negative deposit you would check off the items from undeposited
