The Make Deposits window in QuickBooks Desktop (QBDT) can be used to remove deposits. If you use an Undeposited Funds account, when you remove the deposit, the payment is also removed. You can recreate the original payment if you intend to deposit the funds later. If you're not using the Undeposited Funds account and intend to make the deposit later, you can keep the original payment for the deposit. Otherwise, make sure to delete the payment manually as well.
Here's how it's done:
Navigate to the Banking menu and then to Make Deposits.
If the Payments to Deposit window appears, click Cancel.
Use the Previous arrow to navigate through the transactions until you find the deposit or payment that you want to remove.
Select Edit from the menu, then Delete Deposit.
Concerning the undeposited funds:
Select the Chart of Accounts option from the List menu.
Undeposited Funds should be double-clicked.
Choose the deposit to be deleted.
Select Delete Payment from the Edit menu.
You can also learn more about undeposited funds by reading this article: Understand How the Undeposited Funds Account Works.
If you have any further questions, please leave them in the comments section below. I'm always willing to assist. Take precautions!
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