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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#CandusKampfer
This was exactly what I needed to learn this week. Thank you so much!
Yay Jolie! 🤩
Thank you, I didn’t know about making the change in Preferences. I will have to check that out.
Love it Karen! 🤩 ~Kindra/Team Candus