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In this tutorial, we will learn how to create a sales receipt in QuickBooks and utilize the undeposited funds account to group transactions for a single deposit, aligning with bank records. A sales receipt is recorded when a customer pays immediately, while an invoice is used for future payments, which will be covered in another video. To begin, access the new menu and select "Sales Receipt." Customer information is optional, but entering it helps track sales by customer. The sale date defaults to today but can be adjusted. Choose the payment method, and if needed, you can add a new payment type. For credit card payments through QuickBooks Payments, a link is provided at the video's end. In this example, we will select cash, with the option to record a check number if applicable.