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Success In-Formation LLC Blog. Leading the way in software education! Tuesday, September 21, 2010. Undeposited Funds Account in Quickbooks. The undeposited Funds account in QuickBooks is an Asset Account other current asset and is a clearing account to record funds received from your customers but not yet deposited in the bank. This is an excellent tool which allows you to get the customers payment recorded to their account immediately but not show it in your bank balance until it really is in the bank.CONTENT
This web page successif.blogspot.com states the following, "Leading the way in software education! Tuesday, September 21, 2010." We saw that the webpage said " Undeposited Funds Account in Quickbooks." It also said " The undeposited Funds account in QuickBooks is an Asset Account other current asset and is a clearing account to record funds received from your customers but not yet deposited in the bank. This is an excellent tool which allows you to get the customers payment recorded to their account immediately but not show it in your bank balance until it really is in the bank."SEEK SIMILAR DOMAINS
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