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spares-hightech-
Level 1

I want to move Undeposided frumds to bank accounts as I am doing cas payments from these finds

I want to move undeposited funds to cash accounts to enable me to do payments from this account as well.
1 Comment 1
MJoy_D
Moderator

I want to move Undeposided frumds to bank accounts as I am doing cas payments from these finds

I can help you with moving transactions from your Undeposited Funds account to your bank, @spares-hightech-.

 

You can record a bank deposit in QuickBooks Online (QBO) to move these funds from your Undeposited Funds account. 

 

Here's how:

 

  1. Go to the + New button and click on Bank Deposit.
  2. From the Account dropdown, choose the bank account you want to put the money into.
  3. Click the checkbox for the transaction that you want to move.
  4. Select Save and new or Save and close once you're done. 

 

For more information about transactions showing in your Undeposited Funds account, refer to the following article: Record and make bank deposits in QuickBooks Online. It'll guide you on how to record a bank deposit and add service charges and processing fees. 

 

Once done, you can generate a Deposit Detail report from the Sales and customers section to review past bank deposits. For detailed guidance on how to run and customize this report, check out this article: Run reports in QuickBooks Online.

 

Keep in touch if you need further guidance moving transactions from your Undeposited Funds account to your bank. I'm always glad to help in any way I can. Have a great rest of the day!