Yes, you would set "Sales Receipt Account" to "Undeposited Funds".
You need to do this anyway for Authorize.net, because your deposits are going to be grouped by what settled that day, so if you deposit sales individually, it won't match your bank statement for reconciliation. So, if you have sales of $35, $75, and $50 from 2 days ago, maybe $35 and $50 ($80) will go through one day, and $75 might go through with something else the next.
Thanks,
Adam
Bookmarks