What is "Undeposited funds"?

These are checks that bounced and the bank did not accept after it was deposited

These are all the open invoices that have not been paid by your clients

These are all the payments received but were not marked as deposited in the bank via QuickBooks

These are the funds you have deposited in the bank, but the bank as not cleared yet as available for use

These are all you outstanding checks written that your vendors have not deposited

All of the Above

None of the Above