A Clearing Account:
The most common reason that we need a Clearing Account in QuickBooks is that the program will not let you record transactions that contain:
Note: If you have multiple uses for a Clearing Account, you may want to create several such accounts.
To set up a Clearing Account, simply add a new account to your Chart of Accounts. While you can choose several types of account, the best is a bank account:
To set up a Clearing Account:
Your typical transaction:
If these steps do not resolve the issue, you can read discussions and post messages and questions relating to your issue on the Intuit QuickBooks Community site for free or you can contact a technical support agent for additional guidance. Fees may apply.