If a deposit is created manually, rather than by selecting payments in the Payments to Deposit window, the amount of the payment can stay in the Undeposited Funds account indefinitely. This Client Data Review (CDR) tool allows you to link deposits to payments to clear out the Undeposited Funds account.
Note: The Client Data Review (CDR) Feature is only available in the Accountant Edition of QuickBooks.
It is important to note that running this tool can affect account balances in prior periods. Back up your data file before proceeding with the steps below.
The Clear Up Undeposited Funds Account window contains two tables.
The Payers list on the left shows a list of payers from which to select to limit the display on the right. You may see an entry with No Name in Deposit. This entry refers to deposits that have no name assigned to them. You can link deposits without a name to payments from multiple customers.
To link deposits and payments: