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In this tutorial, you'll learn to create a sales receipt in QuickBooks and effectively use the undeposited funds account to group transactions for a single deposit that aligns with your bank records. If a customer pays immediately, you should record a sales receipt, whereas an invoice is required for later payments. Begin by navigating to the new menu and selecting "sales receipt." Customer information is optional but recommended for tracking purposes. The sale date defaults to the current day, which can be adjusted, and you will select the payment method used by the customer. For cash payments or checks, you can record the check number and add new payment types if needed.