Choose where to record payments and processing fees for QuickBooks Payments

Have you recently signed up for Payments (Merchant Services) and connected it to QuickBooks Online? Make sure that your payments and processing fees will be recorded to the correct accounts.

1. Go to Settings ⚙at the top, then select Account and Settings.
2. Select Payments from the menu.
3. In the Chart of Accounts section, select the pencil ✎ (edit) icon.
4. For Where do you want to record payments?, choose the correct bank account.
5. For Where do you want to record processing fees?, choose the proper expense account for tracking processing fees.
6. Select Save.