Even though used just for billing you in fact generated posted income via invoicing. Receiving payments created the actual income stream, income would be posted to whatever income accounts you specified on the invoices.

You can offset this secondary record of income with the Undeposited Funds by creating a deposit dated […]

Resolution for 'actual income stream issue: 'How do I remove all of last year’s customer payments from Undeposited funds? We used QuickBooks in 2015 for billing purposes only.' available: Yes.

The actual income stream 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 actual income stream issue yourself by looking for a resolution described in the article. If it is a complex actual income stream issue or you are unable to solve the issue, you may contact us by clicking here or by using other actual income stream support options.

For more information about resolving issues related to actual income stream in Quickbooks/QBO or to get support for the issue 'How do I remove all of last year’s customer payments from Undeposited funds? We used QuickBooks in 2015 for billing purposes only.', click the link below: