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Tag: Balance Sheet Undeposited Funds

What is Undeposited Funds on the Balance Sheet?

You will find Undeposited Funds on your Balance Sheet under Other Current Assets. Basically, this is money that your company has received from customers but has not yet deposited into your bank account. When you use the Make Deposits form, the Undeposited Funds will be moved to your bank account(s).

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