A.4.8b Fix Undeposited Funds the Easy Way | Scribe

    A.4.8b Fix Undeposited Funds the Easy Way

    • 6 steps
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    Start in the Sample company.
    1
    To complete this exercise, you must be in the Sample company. From your QBOA account, click on the Gear icon on the top right corner of the screen, then select Sample company.
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    Note that you will be logged out of your current account. If you are sure, click "Continue" to confirm.
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    Now let's get started with the exercise.
    2
    Click the "+ New" button, then select "Bank deposit".
    3
    Click the "checkbox" at the top of the column to select all payments.
    4
    In the Add funds to this deposit section, in the Account field, select "Sales of Product Income". *Note that in a real life scenario, you would need to break out the various income accounts that these payments were for.*
    5
    In the Amount field, type "-2062.52". *This matches the total for the checked transactions above, which will zero out the deposit.*
    6
    Click the down arrow next Save and new, then select "Save and close".

    🎥 Video

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    Want to follow along? [Click here](https://youtu.be/vjVMxfTsLOo) for our video walk-through.

    📚 Get the Full Course

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    This exercise comes from our advanced level ProAdvisor certification course. Do more like it and pass your QuickBooks Advanced ProAdvisor certification course in one weekend by [clicking here.](https://www.fastandeasyqbo.com/advanced)

    📝 Feedback

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    Questions/Problems/Concerns?[ Send feedback.](https://www.bookwidgets.com/play/k6rmQMKk-iQAEzXMdagAAA/BEXUQBE/feedback-scrib?teacher_id=6434462993219584)