Please help I'm Really In the Soup!

It seems best practice is to invoice WITHIN Undeposited Funds account and then all is right.

I wrongly invoiced from the Accounts Receivable account not knowing it's best practice to create and invoice from "Undeposited Funds". There is no option to receive checks in Accounts Receivable and then deposit them into Undeposited Funds. My question is please, can I just RENAME the Accounts Receivable account to "Undeposited Funds" (and then create a new Accounts Receivable account?

Best Answer

  • jccrtv
    jccrtv Member
    Accepted Answer
    Solved! Quicken Help told me I can simply rename Accounts Receivable to "Undeposited Funds".

Answers

  • jccrtv
    jccrtv Member
    Accepted Answer
    Solved! Quicken Help told me I can simply rename Accounts Receivable to "Undeposited Funds".
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