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SueTy
Level 3

Undeposited funds -- already deposited to bank account, but QB doesn't "get" this

Hello!

 

I'm about to start trying to reconcile my Quickbooks to my bank's checking account. There are 13 entries in Quickbooks that are categorized as "undeposited funds," but the deposits are already in the bank (I think they're all credit card payments for memberships to our organization, via Authorize.net).

 

Does the fact that they're listed as "undeposited funds" in QB mean that QB hasn't factored them into its deposits? Should I tell QB somehow that these funds have been deposited, and if so, how?

 

I'm trying to get things balanced. Thank you!

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