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    • Our Business Manifesto
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  • Blog
  • Reviews
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  • GET STARTED

Daily Archives: October 14, 2013

Common QuickBooks® Mistake in the Undeposited Funds Account

BookkeepingBy Becky EzzellOctober 14, 2013

A common mistake I find many QuickBooks® users make is with the Undeposited Funds account.  When you create a new company file, QuickBooks® automatically creates the Undeposited Funds account. It acts like a holding account similar to a cash drawer until you go to the bank to make your full deposit of cash and checks.  …

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