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Matt Hulk was here with the quickbooks university hey i want to do go through and show you how to fix errors in your undeposited funds account I get this question quite a bit you know somebody takes over the accounting the QuickBooks for you know a previous person or you know a business owner has all these hanging items in undeposited funds and they want to know how to fix it okay so what Im going to do in this video is walk you through how to fix that for the current year okay if you have prior year undeposited funds amounts this could be done differently mainly because you dont want to necessarily go back and change prior years if the tax returns have been filed and it depends on the amounts so theres some judgment involved so thats gonna require kind of a different level of thinking okay so first what I want to do is go through just a quick little I put this together here just the process in QuickBooks okay so you invoice your customer and then you receive your customer payment