How to add bank interest income in the bank account

Hi @667130.

To register interest income from the bank, you'll need to set up an Other Income Account Type with a Detail Type of Interest Earned from your Chart of Accounts (COA) first.

Here's how:

1. Go to Bookkeeping and select New to create a new interest account.
2. Under the Account Type column, choose Other Income. Under the Detail Type column, select Interest Earned.
3. Under the name column, input an applicable name, then hit Save and Close.

Once done, create a bank deposit and pick the account you added previously from your COA on the Add funds to this deposit section.

1. Select + New.
2. Select Bank Deposit.
3. Under Add funds to this deposit, select the interest income account you just created.
4. Enter a description, payment method, and amount, then select Save and New.

That's how you can add the bank interest income to the bank's register. Take a look at this resource for more details: How to record the interest received for bank accounts.

When you're ready to secure your transactions at the end of the month, please see the complete reconciliation guide to help you match your QuickBooks-recorded transactions with your bank statement.

Keep us posted if you need anything else. Have a nice day!