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Error: Only QuickBooks can make deposits from Undeposited Funds, when trying to create a deposit

When trying to create a deposit, the following error occurs:

Only QuickBooks can make deposits from Undeposited Funds
Choose a different account in the From Account field. Undeposited Funds is strictly an internal account where QuickBooks holds funds until you are ready to deposit them.
Why this is happening

When creating the deposit, a line contains the account Undeposited Funds.

How to fix it

In order to use transactions from Undeposited Fund, you must use the Payments to Deposit window.

  1. Remove the line(s) that use Undeposited Funds as the account
    1. Select a field in the row you want to remove.
    2. Go to the Edit menu and select Delete Line or use the keyboard shortcut Control + Delete.
    3. Repeat for each row you want to delete.
  2. At the top of the Deposit window, click on Payments.
  3. Click each transaction you want to add to the deposit then click OK.



If this solution does not resolve the issue, you can read discussions and post messages and questions relating to your issue on the Intuit QuickBooks Community site for free. You can contact an agent for additional guidance. Fees may apply.


KB ID# SLN42698
9/4/2015 6:09:38 PM
PPRDQSSWS407 9125 Pro 2015 245f75