QuickBooks Online automatically records deposits and fees deducted from your QuickBooks Payments transactions.
Selecting your accounts
- Select the Settings icon ⚙, then Account and Settings.
- Go to the Payments tab.
- In the Chart of Accounts section, select the your accounts and save.
Note: Make sure the deposit account selected is the same account received payments get deposited to. It should also be the same account where fees are deducted from in real life.
About Batch Deposits