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Experienced Member

Undeposited funds-2

There are 2 Undeposited Fund accounts in my COA (Undeposited Funds-1 and Undeposited Funds-2).  When I go to Bank Deposit under the gear, it doesnt show all the checks I applied from customers.  Can you help ke with this?

1 Comment
Moderator

Re: Undeposited funds-2

Hi there, tifroland,

 

Allow me to help share information on how Undeposited Funds account works in QuickBooks Online (QBO).

Based on the information that you’ve provided, it appears that you’ve manually created another Undeposited Funds account. Keep in mind that in QBO, there can be only one account of detail type for Undeposited Funds.

 

When doing a Bank Deposit, all receive payments transactions found in the Bank Deposit page are only those posted on the default Undeposited Funds account. That is the reason that not all your payment is showing.

 

For more detailed information about this process, you can read this article: Deposit payments into the Undeposited Funds account.

 

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You can always get back to me if you have any follow up questions concerning Undeposited Funds. I'm always here to offer help.