Re: How do I reconcile th undeposted funds on the balance sheeyt
Welcome to the Community. I'm here to assist you by providing additional clarification on the Undeposited Funds account in QuickBooks Online.
The Undeposited Funds account is only an internal other current asset account created by the system to keep your funds until you're ready to deposit them. You can use the Bank Deposit feature to transfer the payments into your actual bank and reconcile QuickBooks accounts against your bank statements.
Click the Plus sign.
Below Other, click BankDeposit.
Below Select the payments included in this deposit, put a check mark on the payments you want to deposit.
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