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In this tutorial, we learn how to create a sales receipt in QuickBooks and utilize the undeposited funds account for grouping transactions into a single deposit for bank record matching. A sales receipt is used when a customer pays immediately, while an invoice is created for later payments, which will be discussed in another video. To start, go to the "New" menu and select "Sales Receipt." Customer information is optional; however, it's recommended for tracking. The default sale date can be adjusted as needed. For the payment method, choose how the customer paid, with an option to add a new payment type. In this example, cash is selected, but check payments can also be recorded by noting the check number.