Hello all.  Not sure why this issue is giving me fits, but I desperately need transaction advice.

Background:

• We have 2 businesses: MYC & SHO. 
• SHO is a non-operating entity, MYC has all operations.

Problem: My CEO deposited an MYC customer check into SHO.

I've already done the following: 

• Transferred cash from one bank account to the other
• Recorded the cash transfer via intercompany GJE

Now I have to settle the Receivable....For some reason, I'm having a an absolute brain fart. If I enter a Customer Payment (Receive Money entry) My Bank GL is off because the entry shows up in the GL as a duplication of money in the bank: 1) Money Received from Interco & 2) Money received from Customer.  I can't offset the Receive money journal with intercompany because intercompany will be off.  

Any ideas?

TIA!