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This tutorial explains how to create a sales receipt in QuickBooks and use the undeposited funds account to group transactions for a single deposit. Customer information is optional but can help track sales. Date defaults to today but can be changed. Payment method is chosen, with options to add new types. An example of selecting cash or recording a check number is shown. If a customer pays immediately, a sales receipt is recorded; if payment is later, an invoice is created. Additional details on invoices are covered in a separate video.