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When you deposit the funds into your bank, record the deposit in Quicken.
Open the Undeposited Funds register.
Create a linked transfer from the Undeposited Funds account to the deposit transaction in your checking account. This will ensure that your financial records accurately show the movement of money.
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A few days later, you deposit the $500 into your bank. You create a linked transfer from the Undeposited Funds account to the deposit transaction in your checking account. This shows that the funds have been deposited and are now available in the bank.
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