Deposit Sales Receipt in One Step

Question:
I understand that with Quickbooks I enter a sales receipt and then have to perform a second step to deposit that sales receipt into the bank account. 

Is there any way to combine the entering of sales receipt and deposit into one step?



Answer:
You can combine the entering of sales receipts and deposit into one step.  The main warning with this is that when you reconcile your bank account, the bank will only have one deposit. If that represents multiple sales receipts, it makes it easier to input them to undeposited funds and then deposit them as one deposit transacation.

Step 1: Enable Sales Receipt Direct Deposit to Bank
Go to Edit
Click Preferences
Click Payments
Click the Company Preferences Tab
Remove the Checkmark from "Use Undeposited Funds as a default deposit account"
Click Ok
Note: This will usually close all screens but not the company file.

Step 2:
Open your sales receipt, at the bottom you will notice a new field entitled Deposit To.  You can now change this to directly deposit to your bank account rather than undeposited funds.  This will remove the need to perform the second step of depositing to the bank account.

Again, remember that if your deposit to the bank includes more than one sales receipt this will effect how you reconcile your bank statement.