How To Use Undeposited Funds in QuickBooks Online

In this video Katie goes over what Undeposited Funds is, the account type, the Balance Sheet, and how to use this account to make your bank reconciliations easier and avoid errors.

Some great resources:

IRS Bookkeeping Constructive Receipt: https://www.irs.gov/publications/p538...

My Constructive Receipt Video:    • What is Constructive Receipt?:  Cash-...  

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