Let me share some insights about Undeposited funds, fluff147.
The Undeposited Funds account in QuickBooks Online serves a special function. It's a unique temporary and default account that QuickBooks uses to hold payments before you deposit them into the bank.
When entering payments in QuickBooks, you can directly selectCash on handfrom theDeposit todrop-down menu. In this manner, they will no longer be recorded underUndeposited Funds.
Additionally, here are some articles you can utilize to learn more about the functionality of the Undeposited funds in QuickBooks: