Currently, there is no option to reconcile undeposited funds account. The undeposited funds account is not on the listing of accounts that can be reconciled like for bank, credit card and other assets and liabilities accounts.
Interestingly, it’s sort of automatically reconciled when existing payments from the undeposited funds transferred to the bank account. What’s left in the account is treated as unreconciled status. To get the unreconciled status data, you can get the information directly from the undeposited funds register, you will need to follow these steps:
From the home page screen > left navigation bar > transactions > chart of accounts > select undeposited funds account and click view register under action column > once you’re on the asset register, click little funnel icon arrow down > select ” Not Reconciled” under reconcile status > select all dates > apply
All the items remaining on top without “R” sign (payment and sales receipt) represents “Not Reconciled” status. The total amount should match with the shown “Ending Balance” on top of the register. You can print or download to excel this report.
The only problem with this report is, there is no way to get the running balance that they took it out on their last update. When sort, you will see “n/a” only with no balance or grand total. If you think you need running balance or grand total instead of “n/a” only, send them your feedback request here:
No, you cannot print check directly from the bank register. You can enter as Check type in bank register and then, print the Check from the QBO designated Check form.
To do that:
Enter transaction as Check type in Bank Register and Save. Highlight or click on the entered transaction, you will see a bar with four button. Select “Edit” will open Check form. Select Print Check at the bottom.
(Create + sign > Vendors > Check > Recent Checks icon (small clock, upper left corner) > Locate check transaction > Print Check button is located at the bottom middle.
Or better yet, use Check form as designated by QBO. Enter and print check.