QuickBooks keeps track of money received as you enter sales receipts and receive payments. This money is tracked in a temporary account called Undeposited Funds. Each customer payment and sales receipt is placed there until a deposit is created from the transactions. To select the payments to include in a deposit, follow these five steps.This feature works the same in versions 2011–2016 of QuickBooks.
Lee is a writer, editor, and technology evangelist. Lee received her undergraduate degree in Communications from Ithaca College.