This tip is all about the “undeposited funds” feature which gives you the ability to take multiple payments and put them as one deposit in QB.

This makes life SO much easier when you reconcile because your deposits match the exact amount you deposited at the bank.

If you’re looking for the Online version of this video click here

An Undeposited Funds is like a bank bag before depositing

3 Ways to Enter Income in QuickBooks

1. Invoice
2. Receive Payments
3. Sales Receipts

Workflow Chart

Create Invoices > Receive Payments > Undeposited Funds > Record Deposits

Sales Receipts >  Undeposited Funds > Record Deposits

**You can check your Deposit in the Check Register


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