Hi cdt224477,

You can deposit the payments to Undeposited Funds account this way it won't affect your actual bank balance. This account serves as a temporary account that QuickBooks uses to hold payments received from invoices before you deposit them into in the bank.

Here's how:

1. On the Receive Payment page, select the customer to whom you received the payments.
2. Under Deposit to field, select Undeposited Funds.
3. Select  the transactions under Outstanding Transactions.
4. Click Save and close.

I've also added these articles as your references when creating a Undeposited Funds account:

• Learn About the Chart of Accounts in QuickBooks
• Record And Make Bank Deposits in QuickBooks Online

I'm willing to listen if you have other concerns about the features in QuickBooks Online. Just tag me in your comments below and I'll be there to help you out.