Do you ever have those bank deposits importing from your bank where they don’t match what you enter from customers? Do you ever enter multiple payments from customers and make only one deposit to the bank? There is one thing that might help this frustration go away. It is called an undeposited funds account.
- When entering in your customer payments, you will want to choose the undeposited funds account (not your checking account).
- Create a bank deposit
- Select those payments
- Put the deposit to the checking account you desire
This will match up multiple payments to the one deposit that is brought in through the online banking feature and make your life a lot happier. Feel free to contact any one of our 5 QuickBooks ProAdvisors here at T. L. Baker & Co., LLP if you have any further questions.