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S
schuitmnwg
October 9, 2022
Question

Can I delete "undeposited funds" transactions in QB Checking if the payment via the regular bank deposit and invoice have been matched?

  • October 9, 2022
  • 1 reply
  • 0 views
It's essentially a duplicate. Or is there a way to resolve without deleting?

1 reply

M
Mich_S
October 9, 2022

Yes, you can delete the duplicate transactions, @schuitmnwg. I'll walk you through the steps.

 

You can remove the transactions by going to the Undeposited Funds account register. Here's how:

 

  1. Open the Accounting menu or select the Gear icon.
  2. Go to the Chart of Accounts.
  3. Locate the Undeposited Funds account.
  4. Click on View register.
  5. Find the transaction you want to delete then click on it.
  6. Select the Delete button.
  7. Repeat the steps for the other transactions you want to remove.

 

See these snapshots for reference:

 

 

 

I'm also adding these modules about handling UF in QuickBooks:

 

 

Please fill me in if you have other concerns regarding this matter or QuickBooks particularly. We'll do our best to back you up in no time. Keep safe!


 


 

M
Momma Gus
January 29, 2023

How do I stop the system from posting to Undeposited Funds?  I don't need it, I don't want it and it only adds extra steps to my work. Thanks

M
Momma Gus
January 29, 2023

Just to clarify my previous post - I create an invoice, it should post as a DR to A/R, CR to Revenue.  When I receive the payment I CR the AR and DR Bank...... why in the world do I want to have the extra step of Undeposited Funds and having to delete the invoices from there? Thanks

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