 and that ended up with some amounts in the payments to deposit which is kind of like undeposited funds which we're now going to be putting into the checking account moving them from here up to there but doing so in such a way so the grouping will match what we expect to be on the bank statement and so let's just get a quick recap of that by looking at our chart of accounts this is the desktop chart of accounts but we're just looking at the flow remembering that in our customer cycle we might have a different you know setup depending on the industry we're in easiest industry gig work or something you got paid by youtube you get paid by a platform you just wait till it hits your account you might use the bank feeds to record the revenue as a deposit that would be a cashed based system but even a step easier than a cashed based system one in which you're recording your books based on the bank rather than using the bank to double check your books which is the full service accounting system and then two you might have a cashed based system but one which you're going to be doing the full service accounting system in essence recording the transactions first and then double checking them with the bank and that system you might be at a cash register you might be getting paid you might be getting money at the cash register or you might you might be getting credit card sales and so on there instead of depositing with the sales receipt directly into the checking account oftentimes you're going to want to use the payments to be deposited the undeposited funds type of account so that you can then make multiple sales that you will then group together either by the credit card company if credit card sales or bundling the cash together if cash sales when you make the physical deposit into the bank and then you're going to want to then enter the deposit in our system which is what we're going to do now so that the groupings are the same that we'll be showing on the bank that will allow us to do a bank reconciliation a very important process for every type of business large small any industry and so that's what we're going to do at this point if you're in a full accrual service system you've got the invoicing then you've got to receive the payment and when you've received the payment you're in a similar spot as with the create sales receipt now with the receive payment form it's more likely because you invoice someone directly that the payment is going to be paid by like an electronic transfer or something in which case it might hit the bank account in the same format as you received it in other words you're less likely to get a bunch of five dollar sales or something that you're going to have to group together with one lump sum deposit so i would think most businesses if you're using a full accrual system would be more likely to be able to record this sales receive payment directly into the checking account then most companies that have to use the create sales receipts at a check register would because if you're at a check register it's quite likely that you're going to have cash sales or credit card sales which you're going to have to bundle up in some particular way to match what's on the bank statement so therefore you kind of have to use that undeposited funds or amounts to be deposited i still like using them either way because because then all my deposits into the checking account will be done with a deposit form as opposed to with amounts increasing the checking account that could be sales payments or receive payments sales receipts or deposit forms or transfers so when we sort the data it could be a little bit easier if you do the full service system now notice how do the bank feeds fit into this system usually the bank feeds if you turn them on are just going to match out what you already did which is the full service accounting system you enter it into the system you use the bank feeds to help you with the reconciliation process rather than to record the transaction although as we'll see when we get to the banks section section or course you could have a bank feed that matches up possibly to the invoice after you create the invoice or after you make the receive payment or after you create the sales receipt we'll talk more about that later