Tag Archives: receive payments

QuickBooks Undeposited Funds

Posted on October 19, 2010 by Laura Madeira

What is the Purpose of the Undeposited Funds account in QuickBooks? The Undeposited Funds account is part of the suggested work-flow for Accounts Receivable. There are typically four common steps to processing Accounts Receivable transactions: Create an invoice, sales receipt, … Continue reading →