USA Double Entry of sales


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Nov 25, 2019
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Helping out a friend to clean up there quickbooks. The major issue the old bookkeeper left behind is that the sales has been getting entered through two forms. Once from the deposits from the bank feed and once through the sales portal into undeposited funds. The sales are showing double. The bank account has been reconciled with the bank feed as the income. The undeposited funds have never been deposited into the bank all sales that came through the sales software are still sitting in undeposited funds. My question is what’s the best way to post a journal entry to clean up the undeposited funds and to make the sales show correct. It’s showing double what it actually is? Any advice will be appreciated. Thank you.
 
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Jan 21, 2011
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Helping out a friend to clean up there quickbooks. The major issue the old bookkeeper left behind is that the sales has been getting entered through two forms. Once from the deposits from the bank feed and once through the sales portal into undeposited funds. The sales are showing double. The bank account has been reconciled with the bank feed as the income. The undeposited funds have never been deposited into the bank all sales that came through the sales software are still sitting in undeposited funds. My question is what’s the best way to post a journal entry to clean up the undeposited funds and to make the sales show correct. It’s showing double what it actually is? Any advice will be appreciated. Thank you.
 

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