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D
DEBookkeeping
December 19, 2023
Question

Clearing undeposited funds

  • December 19, 2023
  • 1 reply
  • 0 views

I'm cleaning up a clients QBO account. Undeposited funds show as cero in the balance sheet.

If I run undeposited funds "uncleared" report I have hundreds of transactions that look like the following:

09/08/2021Deposit No  Undeposited FundsChecking (2823)-1,830.00 -1,830.00 
09/08/2021Payment NoTreva's Institution Quebec INC. Undeposited FundsAccounts Receivable (A/R)1,830.00 0.00 
 
How do i clear those two transactions that cero out.

1 reply

J
JamesM4
December 19, 2023

Hello DEBookkeeping, 

 

Welcome back to the QuickBooks Community. QuickBooks is an easy-to-navigate program that simplifies most of your complex accounting calculations. I'll be happy to share more info and help steer you in the right direction so you can continue to focus on the things you enjoy the most. 

 

In order to clear out the transactions from the report you'd have to delete them by clicking on the transactions so it opens giving you an option to delete it. In order to learn more about deleting transactions, I encourage you to check out the following article that shows you how to: Void or delete transactions in QuickBooks Online. You're more than welcome to ask other questions as you browse through the article, I'll be here. 

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