Quickbooks – How to void undeposited funds


MYOB Quickbooks Bookkeeping
Bookkeeping

Client said they were trying to void the undeposited funds, but the list of undeposited funds will not let them change the account numbers or the amounts as you suggested. What can I do?

Solution – Undeposited funds are not transactions that can be edited. Instead, go to the customer transactions, find the sales receipt – void it, or if an invoice payment that created the undeposited fund transaction, delete it. Any changes you make on the transactions will flow through to the undeposited funds list. Then if the invoice that had a payment to it was never paid, usually it is written off at year end.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close