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Thanks for dropping by the QuickBooks Community, @beccollyer-gmail.
Yes, you can use the Transfer feature to move the money from the Undeposited Funds to the Owners drawing account. Let me show you how:
For more details, you can refer to this article: Transfer funds between accounts.
If you need further assistance, I'd suggest consulting your accountant to make sure the recording is accurate. is. If you're not affiliated with one, our Intuit Find-A-ProAdvisor site can help you to find certified professionals in your area.
I'm also adding these articles that tackle the matching and reconciling process in QBO for future reference:
Please know that I'll be right here to help you if you have any other questions about transfer funds or any QuickBooks related. Have a good day!
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