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Apr 16, 2024 1:56 PM UTC
Question

Money is in my bank but recoreded as undeposited funds how do i fix

people paid us and its in undeposited fund in quickbooks but in my bank account , how do i fix ?

1 reply

Candice C
Apr 16, 2024 5:52 PM UTC

Hey there, @Toni19. 

 

Welcome to the Community! 

 

The Undeposited Funds account keeps a record of payments in QuickBooks until you physically deposit the same payments at your real-life bank. Since the money is already in the bank account, the best solution would be to make a bank deposit with the payment(s) you need to get out of the Undeposited Funds account. Here's how: 

 

  1. Go to the +New button at the top left-hand menu bar. 
  2. Choose Bank Deposit. 
  3. From the Account drop-down, select the account you want to put the money into. 
  4. Pick the checkbox for each transactions you want to combine. 
  5. Ensure the total of ALL the transactions you selected matches your deposit slip. 
  6. Press Save and New or Save and close.

 

Review these guides below as a future reference: 

 

 

If you have any questions along the way, don't hesitate to come back. We're always here to lend a helping hand. Bye for now!