Hello,al252.
In QuickBooks, you can utilize the Undeposited Funds account to temporarily hold customer payments. This prevents the payments from being directly deposited into your actual bank account.
To help you through this, I will provide some useful steps:
- Go to Edit.
- Click Preferences.
- On the left side of the screen, select Payments.
- In the company preferences, make sure to select the Use Undeposited Funds as the Default Deposit Account.
- Then click OK.
I will include an article to assist you on how to properly allocate payments on the Undeposited Funds in your QuickBooks account: Deposit payments into the Undeposited Funds account in QuickBooks Desktop.
When you're prepared to deposit customer payments, navigate to the Record Deposits / Make Deposits page and log them there. Refer to this article for guidance: Record and make bank deposits in QuickBooks Desktop.
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