How to clear up undeposited funds in QuickBooks?
Your QuickBooks software has a ‘Clear Up Undeposited Funds Account’ tool that helps you link deposits to payments so that you can clear up the Undeposited Funds account. You can follow the step below to use the tool:
- Step 1: Open QuickBooks and go to the ‘Accountant’ menu.
- Step 2: Look for the option that reads ‘Client Data Review.’
- Step 3: Click on ‘Clear Up Undeposited Funds Account.’
- Step 4: Choose the relevant deposits and payments and follow the instructions to complete the clean-up process.
If you need any assistance completing the steps mentioned above, you can call the QuickBooks contact number and ask for additional technical assistance.