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hey guys this is Claudia here from the bookkeeping experts one more week of Education with the bookkeeping experts yes today were going to cover undeposited funds we have several videos on undeposited funds but we feel like this is a very important subject we like to remind you on how to take care of that so thats one of the most important parts of cleaning up your books so without much further Ado were going to go straight to the subject and QuickBooks Online there it is okay so here is my sample account okay and uh undeposited funds lets talk a little bit about undeposited funds undeposited funds is a holding account uh so what it means is that transactions will uh will go in and out at the end of the day we expect that the balance will be zero right uh however some transactions will not clear until the following following day or sometimes the following accounting period uh now how how do we take care of those transactions now the one thing about uh undeposited funds is that the