Returned Check, NSF, Failed Payment

To document an NSF transaction, follow these steps:

  1. Open the ledger where the payment was made

  2. Locate the transaction that failed

  3. Make note of the transaction date & check number

  4. While in the ledger, select $ Post Payment

  5. Enter in a NEGATIVE payment amount that reflects the original payment and use the original check number.

  6. Add in a description of "NSF (payment date)" or another description such as "Payment Failed (payment date)".

  7. Select the Bank Account that these funds were deposited into, if applicable.

  8. Post transaction

**You may also want to post additional ledger entries for late fees and/or  NSF fees at this time.



Keywords: Non-Sufficient Funds (NSF), Bounced Check, Failed Payment

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