I'll help with your question about using the Undeposited Funds account in QBO, Joe2021.
The Undeposited Funds account in QuickBooks Online serves a special function – it’s a special temporary account that QuickBooks uses to hold payments received from invoices before you deposit them into in the bank. It's not an actual bank accounts which is why there's no option to reconcile it in QBO.
Let me share these articles with you for more details:
I'd also like to give you these articles for additional guidance and reference about using the Undeposited Funds account in QBO:
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