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.
An Undeposited Funds is like a bank bag before depositing
3 Ways to Enter Income in QuickBooks
2. Receive Payments
3. Sales Receipts
Create Invoices > Receive Payments > Undeposited Funds > Record Deposits
Sales Receipts > Undeposited Funds > Record Deposits
**You can check your Deposit in the Check Register
Did you notice you have mistakes in QuickBooks and aren’t sure how to fix them?
Join me on my next workshop where I’m going to talk about how to find your mistakes in QuickBooks, (some of the best reports to pull to find them) and what’s causing them to happen so you can avoid making them in the future.
If you’ve tried using journal entries before and still had issues afterward, you’ll learn why sometimes that’s not the best strategy.
I look forward to seeing you there!