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How to use undeposited funds in QuickBooks Online
If you are a business owner or accountant, you may want to know how to use undeposited funds in QuickBooks Online in order to better manage your finances. Undeposited funds are payments that have been received but not yet deposited into the business bank account. Knowing how to use undeposited funds in QuickBooks Online can help you keep track of your cash flow and ensure that all payments are properly accounted for.
Grace Everwood
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2 minutes
QuickBooks
Intuit
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Go to [https://quickbooks.intuit.com/](https://quickbooks.intuit.com/) and log in to your QuickBooks Online account.
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Navigate to "+New"
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Select "Receive payment"
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Enter the Customer and the date.
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Select the payment method.
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Select Undeposited funds on "Deposit to".
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Mark the checkbox of the invoice being paid.
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Enter the amount paid.
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Click "Save and close"
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Click "+New"
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Select "Bank deposit"
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Select the bank account receiving the deposits.
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Click this checkboxes for the payments being deposited.
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Click "Save and close"
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