I have NO unapplied payments/income showing on any report in QuickBooks. I have NO duplicate payments showing either. I have no Open Invoices on any report in QuickBooks excepts one I haven't actually received payment on yet. My bank is connected and I download daily already. I already had stated above that my P/L report shows NO unapplied payments as well. Can someone please answer me about should I be doing the Bank Deposit function in QBO? I don't know about using undeposited funds account because my husband is the employee and he keeps all invoices til the end of two weeks when he is ready to be paid. I enter the invoices into the QBO. When the bank deposit transaction comes back thru the bank the next business day, I go into that deposit and add my customers, A/R receivable account and record the amt of their payment and it equals the total amount of the actual bank deposit. I then go to each invoice and click Receive Payment
and their accounts show paid in full. It is usually about 10 invoices per pay period. I never knew I had a problem until I looked in the QuickBooks app and saw they show as unapplied but with zero due for each customer.
