Find the deposit in your bank register, open it, and change whatever's wrong directly: the date, a payment line, an added amount, or which account it posted to. Save it when the total still matches your actual bank deposit. Editing fixes the specific mistake without touching the lines that were already correct, which deleting and recreating the whole deposit doesn't let you do.
1. Find the deposit. Go to Bookkeeping > Chart of Accounts, open the bank account's register, and locate the deposit by date or amount. You can also search for it from + New > Bank Deposit.
2. Open it. Click the deposit line to expand it, then click into the row to open the full deposit screen.
3. Change what's actually wrong. Add or remove a payment line pulled from Undeposited Funds, correct an amount on an Add funds to this deposit line, fix the account a non-payment line posted to, or adjust the date. You don't need to touch anything that's already right.
4. Watch the running total as you edit. The total at the bottom needs to keep matching your actual bank deposit after the change; if you adjust a line's amount, recheck that the total still ties out before moving on.
5. Save it. Click Save and close. This updates the existing deposit record in place; it doesn't create a second one alongside it.
6. Check reconciliation status first if the deposit might already be reconciled. Editing the amount or date on a deposit that's part of a closed, reconciled period throws that period's balance out the same way deleting it would. If the month's already closed, loop in whoever owns the reconciliation before saving.
The edit itself is usually quick once you've found the right line. The slower part is noticing something's wrong in the first place, which often doesn't happen until the bank statement doesn't match, or a reconciliation won't balance, well after the original mistake was made.
By that point, there's usually more than one thing to fix: the deposit itself, plus whatever report or reconciliation already assumed the wrong number was correct. Catching the mismatch earlier, ideally the same day the deposit was recorded, turns a multi-step correction into a two-minute edit.
A deposit gets checked against the matching bank feed entry the same day it posts, so a wrong amount or missing line gets caught immediately instead of surfacing weeks later during reconciliation.
When a specific, recurring pattern causes the same kind of deposit error every time, a particular processor's fee always landing on the wrong line, that correction gets applied on its own instead of someone reopening the deposit by hand each time.
Tell us what usually goes wrong with your deposits and when you tend to catch it, and we'll tell you if that catch can happen sooner, automatically.
Tell us what kind of mistake you're fixing most often, a wrong amount, a miscoded line, a date that's off, and we'll tell you if it's something that can be caught and corrected automatically before it ever needs your attention. Deposits are one example; anything else you're cleaning up by hand after the fact is worth the same question.
Let's talk →There's no separate "undo" button beyond those two options. If the whole deposit shouldn't exist, delete it, which sends every payment inside it back to Undeposited Funds. If only part of it is wrong, editing the specific line is the better fit, since deleting would unwind the correct parts too.
Editing a reconciled deposit changes a period that's supposed to be closed, which throws off the reconciliation report for that month. The safer sequence is to undo the reconciliation for that period first, or have whoever manages your books do it, make the correction, then reconcile again rather than editing blind.
Open the deposit the same way you would to edit anything else on it, and change the date field directly on that screen, then save. Keep in mind that moving a deposit's date across a reconciled period boundary can un-reconcile that period, so check reconciliation status first if the date change is significant.
Open the deposit and look at the Add funds to this deposit section below the payment list; that's where non-payment amounts like a cash sale, a loan, or an owner contribution get a line with its own account field. Change the account directly on that line and save, no need to touch the payment lines above it.