If you are using QuickBooks and don’t know how to handle bank deposits in QuickBooks desktop then don’t worry! We have two methods of handling bank deposits in QuickBooks Desktop after a Financial Exchange with the help of QuickBooks Support USA.
Method 1: User can move funds from Cash Drawer to undeposited Funds
In order to transfer fund from cash drawer to undeposited fund then it will be required to place cash payments from QuickBooks Desktop Point of Sale to cash in drawer account in QuickBooks Desktop. They also need to check, credit card, and debit card transactions that are placed in the Undeposited Funds account.
If users are not aware, how they can handle bank deposits in QuickBooks Desktop machine, then we will suggest them to follow the steps given below:
1. First, navigate to banking menu, and then select fund transfer.
2. Next, you can drop-down from the Transfer Funds, and then select the Cash in Drawer account.
3. Now, click & select the Undeposited Funds account.
4. You need to type the amount of money you want to transfer.
5. Click & Select save & then close.
6. After that, deposit the transferred amount.
a. First, navigate to banking menu, and then select make deposits.
b. Next, you can select the transferred amount along with other payment/s to deposit, and then select OK.
c. Now, please select the bank account to which the funds are being deposited to.
d. After that, click & select Save & Close.
Method 2: User can add Cash in Drawer as a deposit line
1. First, navigate to banking menu, and then select Make Deposits.
2. Next, click & select the payments to deposit through payments to deposit window then press OK.
3. Now, user can add a new line to the deposit list from Account column, then select Cash in Drawer.
4. After that, type the amount of cash to be deposited.
5. Click & select Save & Close.
We believe that the above given information will be helpful to know how to know how to handle bank deposits in QuickBooks desktop with the help of QuickBooks Support USA for help. In case, you need more assistance then you are free to reach us by clicking on our website: www.quickbooksupport.net or you can also mail us at support@quickbooksupport.net.
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