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
• Perform bulk update and update the Deposit To account
• Create a transaction from your bank account

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.