Record bank-verification microdeposits
Review small verification debits and reimbursements as separate bank entries.
On this page
Review the debit and reimbursement
A bank-verification service may make small test entries. Match each outgoing debit and later return to the original statement. For a debit you need to record as an expense, review the appropriate Account; Other expenses is an available choice.
After the money has returned, open Accounting > Booked > Add transaction and choose Refund received. In Record a refund, select an eligible paid Original transaction. Review its retained property, category and vendor, and keep the amount within the remaining refundable amount.
If there is no eligible original transaction, leave the import unbooked and ask support or your bookkeeper. Do not create an unrelated expense to make the refund action available.
Keep verification separate
A bookkeeping entry does not verify your bank account or send money. Complete any requested verification in the service that initiated it, using its secure instructions.
Check the result
- The debit and any return are traced to the same verification event without duplicate income or expense.
FAQs
Should I enter every small deposit as income?
Identify its purpose first. A returned verification amount is different from rental income.
What if the refund action cannot use the original entry?
Do not invent an unrelated expense or refund to force a match. Keep the statement entries and ask support or your bookkeeper for the supported correction.