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Any implementation folks around? How is the Undeposited Funds account initially created? If an accounting team wants to move the Undeposited Funds functionality to a different account, how would that be accomplished or is it even possible?

I've searched the documentation and suiteanswers but no luck yet.

This is the best answer I can find on Google, and is basically what I told the accounting team already, but it doesn't solve the problem the way they want:

<https://www.reddit.com/r/Netsuite/comments/17k5fd3/reassign_the_undeposited_funds_account/>

That's a core account that can't be changed. You can, however, rename and renumber the account which is what is typically done with most system generated accounts before the rest of the COA is imported.