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In this video tutorial, you'll learn how to create a sales receipt in QuickBooks and utilize the undeposited funds account to group transactions for effective bank record matching. A sales receipt is used when a customer pays immediately, while an invoice is created for later payments. 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 changed. Choose a payment method; you can add a new one if needed. For credit card payments through QuickBooks Payments, further instructions are provided. An example payment method will be selected as cash, but check payments can also be recorded by noting the check number.