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welcome to how to fix undeposited funds in quickbooks my name is matt holdquist with the quickbooks university and so i want to walk through when you have errors and undeposited funds now the most common error is going to be when you have these undeposited funds amounts hanging out there that have not cleared and you dont know how to get them out of there so first of all what i want to do is i want to walk you through a couple things with undeposited funds undeposited funds is basically an account in quickbooks which means you have received a payment from a customer uh but you have not yet taken it to the bank okay so the process in quickbooks and im going to show you how to turn this off and on but the process in quickbooks is okay you might receive payments from customers throughout the day throughout the week over a couple days and then youre going to take them to the bank and so you know quickbooks is saying okay we dont want you to show them as in the bank account right when y