I’m here to clear this up for you.
The purpose of creating a Bank Deposit is only to offset or to make the Undeposited Funds Account’s balance as zero. Any transaction created under this account will still show.
Resolution for 'Accounts balance issue: 'Undeposited Funds account' available: Yes.
The Accounts balance issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Accounts balance issue yourself by looking for a resolution described in the article. If it is a complex Accounts balance issue or you are unable to solve the issue, you may contact us by clicking here or by using other Accounts balance support options.
For more information about resolving issues related to Accounts balance in Quickbooks/QBO or to get support for the issue 'Undeposited Funds account', click the link below: