Thanks for coming back to the Community and for the screenshot, rameet.
Allow me to help you set up recurring ACH payments in QuickBooks Online (QBO).
Let me show you how:
To apply for a Payments account:
Once approved, you have to connect your Payments account to QuickBooks Online.
To provide a visual point of reference, I’ve included screenshots for you.
Once done, please follow the steps that my colleague provided above on how to create a recurring sales receipt.
These articles provide further insights about accepting payments:
I'm including a video tutorial that can help you set this up in QBO: How to Set Up and Use QuickBooks Payments.
That information should get you back in order. I'd like to make sure that you're able to accept ACH payments, so please let me know how that works for you. Best regards.