Knowing when your funds will be deposited is an essential part of making sure the real-life statement matches what QuickBooks is showing on your end, @cvcreativecoatings.
The deposit speed will depend on whether you are new to QuickBooks payments and if it is your first transaction, your funds will settle in your account within 5 business days. This will take a bit longer because our team is setting up your merchant account.
Once we are done, the deposit speed will be quicker and typically within 2 business days. You can check on the status of funds you're expecting at any time with the QuickBooks Digital Assistant.
Deposit speed is a reflection of our business system on how well it will transact money. Let me know if you have additional questions about tracking money movement within your company. I'll be sure to guide and help you with it.
