ChamberMaster Billing allows you to receive payments and receipts to an account called “Undeposited Funds”. Any payments you receive from customers into this holding account will be held until you deposit the payment using the Billing->Deposits tab. The Undeposited Funds account acts as a holding account, similar to holding money in a drawer until you make a deposit to your financial institution.Note: If planning to export your transactions to QuickBooks or other 3rd party billing software, making a deposit using the ChamberMaster deposit options does not take away your option of being able to create a deposit in QuickBooks. The ChamberMaster deposit transaction can be excluded from your export, allowing you to also make the deposit in QuickBooks, using the QuickBooks deposit selections.
1. Click Setup in the left-hand menu.
2. Click Chart of Accounts.
3. Click Add Account.
4.
5. Click Save.
1. Click Setup in the left-hand menu.
2. Click Billing Options and Settings.
3. Select the desired Payment Deposit Account.
4. Click Save.