Recording Automatic Teller Withdrawals
| If you use the automatic teller (ATM) feature at your bank to withdraw money, you need to record that transaction in QuickBooks. You need to have a cash account to which you can charge the withdrawal, such as Petty Cash or Drawer. Then the withdrawal is actually treated like a transfer of funds from your bank account to your cash fund.
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Select Transfer Funds from the Banking menu.
Enter the date of the ATM withdrawal.
Click the drop-down list to select the bank account from which the money was withdrawn.
Click the drop-down list to select the name of the cash account you use.
Enter the amount of the withdrawal.
Enter an optional memo.
Click a save option.
