Question
I am showing a large amount in my QuickBooks checking account when all my payments are received into my checking account via online C.C payments.
In Chart of accounts I am showing a large amount in my QuickBooks checking account mind you I do not even use that account, All my deposits go directly into my account via Credit Card payments via QuickBooks CC payments. I just stated QuickBooks last year and when I run my end of year report is is reporting much higher profits that I actually have and I have to believe it has to do with either QuickBooks Checking account or Undeposited funds account.
