How do I transfer payments from undeposited funds to my bank account in Zoho Books?

There are 3 ways by which you can transfer payments from undeposited funds to your bank account in Zoho Books:

Edit the Payment and Update the Deposit To Account

Go to the Sales module on the left sidebar and select Payments Received.
Select the payment for which you want to transfer the money received to your bank account.
Click Edit on the top left corner of the payment’s Details page.
Select the dropdown in the Deposit To field and select your bank account.
Click Save.

Perform Bulk Update and Update the Deposit To Account

If you have multiple payments to transfer, it can be a tedious process to individually edit each payment received. In this case, you can bulk update the Deposit To field. Here’s how:

Go to the Sales module on the left sidebar and select Payments Received.
Click the check box towards the left side of the payments for which you want to transfer the money received to your bank account.
Click Bulk Update at the top of the page.
Click Deposit To in the first dropdown and select the bank account in the second dropdown.
Click Save.

Create a Transaction From Your Bank Account

You can create a transaction in the bank account to which you want to transfer the undeposoted funds. Here’s how:

Go to Banking on the left sidebar.
Select the bank account to which you want to transfer the undeposited funds.
Click Add Transaction and select Deposit From Other Accounts under Money In.
In the pane that appears:
- Enter the amount to be transferred in the Amount field.
- Select the dropdown in the From Account field and select Undeposited Funds under Cash.
- Enter the other necessary details and click Save.

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