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We received a Non Sufficient Funds (NSF) check returned by the bank for insufficient funds. How do we account for NSF checks?

April 26, 2017account Bank checks funds insufficient NSF received RETURNED sufficient

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We received a Non Sufficient Funds (NSF) check returned by the bank for insufficient funds. How do we account for NSF checks?

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The first method involves re-invoicing the customer and including bank fees for the returned check. QuickBooks Help file recommends it. However, this is not the preferred approach if you collect and pay Sales Tax (because Sales and Sales Tax Reports are affected by these invoices).