Review Undeposited Funds
- HOW? Banking – Make Deposits – Review items in Pop Up Window
- Any transactions here should only be deposits that have not been deposited in the bank.
- WHY? If there are items in this window, several things could be going on:
- Customer payments on invoices or sales receipts have been entered, but the money hasn’t been deposited to your bank register
- If these are here for too long and your bank accounts are reconciled, your income will be overstated
- A customer payment or sales receipt may have been entered twice. Again, this will overstate your income