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the final step in the sales process is to record your bank deposit well go over how to do this using the undeposited funds account this lets you group multiple customer payments together into a single bank deposit however this step is not necessary if you already deposited the funds directly into your bank account in QuickBooks during the receive payment process lets open the chart of accounts and look for undeposited funds youre going to move this balance from undeposited funds into your bank account to match your actual bank deposit if you want to know how payments get into undeposited funds we cover that in our videos on how to record an invoice payments and how to record a sales receipt the balance in this account is one hundred and twenty-five dollars to record the deposit select new and then bank deposit choose the bank account that youre depositing the money to you can see your current balance with that bank account and you can enter the date that the deposit took place Qui
