How do I handle undeposited funds

If you receive payments for invoices or cash sales but don't deposit the payments directly into a bank account, you can add an asset account such as Undeposited Funds and use it to track the cash and checks until you deposit them into your bank account. Then, after you finally get to the bank, transfer the money from the asset account to your Quicken bank account.


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Tip: To find out which version of Quicken you are using, open Quicken go to Help menu and select About Quicken.