A Comprehensive Guide to Undeposited Funds in QuickBooks
                     Undeposited Funds in QuickBooks: An All-
Encompassing Guide
QuickBooks Desktop users are required to ensure that their official 
transaction records stored in the software always match with the records 
held in the official bank. For this purpose, QB Desktop has a separate 
account called ‘Undeposited Funds in QuickBooks’, which is primarily 
intended to store relevant sales receipts & invoice payments.
Through this account, it becomes much easier to reconcile official bank 
records with the QB Desktop records & users are assured of accurate data 
on their systems.
Here, the present blog will give you the most relevant and accurate 
information about this highly useful account.
Do you want swift help regarding ‘Undeposited Funds in 
QuickBooks’? You can dial 1.833.802.0002 to contact our QB 
Experts Team.

An Exhaustive Introduction to 
‘QuickBooks Undeposited Funds Account’
Almost every user tends to deposit various checks into the official bank 
account at once simply because it is a convenient process. Later, the 
official bank combines these separate checks to ensure that the total 
amount is reflected in the bank account. For example, if you deposit five 
checks each of $600 value, then the official bank combines all these checks 
to finally reflect $3000 inside your bank account.
Here comes the role of the ‘QuickBooks Undeposited Funds Account’ to 
store all the receipts and payments until the final deposit slip is received 
from the official bank. Therefore, you can easily use the deposit slip to 
update the total amount inside your QB Desktop account, and your QB 
records successfully match with the records mentioned inside the bank 
account.
Accurate Process to Submit Receipts and 
Payments inside the ‘Undeposited Funds 
Account in QB Desktop’
The major benefit of QB Desktop is that it automatically submits all the 
sales receipts and invoices into the ‘Undeposited Funds Account in QB 
Desktop’. Furthermore, those users who utilize the ‘QuickBooks Payments’ 
service need not submit their receipts as all the processing is completed 
internally via this software.
However, if you want to manually submit receipts and payments inside the 
‘Undeposited Funds Account’, you can follow the process detailed here:
1. After going to QB Homepage, you shall promptly choose the ‘Create 
Sales Receipt’ tab & then you can easily tap the ‘Customer’ menu to 
choose the valid customer option.
2. Now, efficiently utilize the ‘Deposit to’ menu in order to select the 
‘Undeposited Funds’ option following which you are required to fill in the 
form depicted on the system’s screen.
3. Next, successfully submit the ‘Sales Receipt’ within the ‘Undeposited 
Funds Account’ by tapping the ‘Save & Close’ button.
Easiest Process to Utilize the Bank 
Deposit Slip to Combine Payments in the 
QB Desktop Account
You can implement the steps detailed below to successfully combine 
various payments in your QB account via the bank deposit slip:
1. Firstly, effectively tap the ‘Record Deposit/ Make Deposit’ menu on the 
QB Homepage, and then you need to instantly choose the relevant 
payments from the ‘Payment to Deposit’ window.
2. Now, easily choose the valid deposit account through the ‘Deposit to’ 
menu provided under the ‘Make Deposits’ window & then verify the 
deposit amount from the bank deposit slip.
3. Thereafter, update the deposit date and then tap the ‘Save & Close’ 
button to finally save the total amount in the selected account.
This was the complete & accurate description of ‘Undeposited Funds in 
QuickBooks’. If you need more help, you can dial 1-855-856-0042 to 
contact our QB Professionals Team.