QuickBooks Tutorial: How does the Undeposited Funds Account Work?
Posted in How To & Tips, QuickBooks, QuickBooks Jings, Video Tutorials-Jings on October 27th, 2009 by Jenny Furst – Be the first to commentThere is a chart of account created automatically in QuickBooks called, Undeposited Funds. What is it there for exactly? In short, it is a holding account on monies that you have collected but not yet deposited. To see a visual, here is a jing….
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