Skip to main content
January 27, 2020
Question

How to find undeposited Account

  • January 27, 2020
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

AddieC
January 27, 2020

Hi there, 

 

QuickBooks Online automatically creates an account called Undeposited Funds. The Undeposited Funds account holds customer payments in QuickBooks until you deposit them at your real-life bank. Once you have your deposit slip, you can combine these payments into a single record so QuickBooks matches your bank records.

 

For a more detailed overview of the Undeposited Funds account, take a look here: What’s the Undeposited Funds account?

 

It’s good to periodically check your Undeposited Funds account to clear out any payments waiting to be deposited. To review your Undeposited Funds account, follow these steps: 


    1. Go to the Accounting menu.
    2. Select Chart of accounts.
    3. Find Undeposited Funds on the list.
    4. Select Account history.
 

Here's another helpful article about Undeposited Funds: Deposit payments into the Undeposited Funds account in QuickBooks Online.

 

I hope this helps you find your account so you can get back to work. If you have any other questions, please reach out to our tech support team.

 

Cheers.