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Yes, if your customer has paid through QuickBooks and the payment confirmation says that the funds will be deposited shortly, they will typically go into your linked bank account. QuickBooks processes the payment and deposits the funds directly into the bank account you have set up within your QuickBooks account for receiving payments.
You can check the payment status and the expected deposit timeline by going to the "Sales" or "Invoices" section of your QuickBooks dashboard and looking for the relevant transaction details. It usually takes 1-5 business days for the deposit to reflect in your account, depending on your bank and the payment method used (credit card, bank transfer, etc.).
Yes, their payment will be automatically linked directly to your bank account, @kolbyjake. Allow me to discuss further below.
If you're new to QuickBooks Payments, your first set of payments will be deposited within five business days. You can also follow these steps to check your deposit speed:
To learn more about your customer deposit payments, you can check this article here: Find out when QuickBooks Payments deposits customer payments.
In addition, we recommend checking these articles to learn more about QuickBooks Payments and what to do when your funds are on hold:
Tap the Reply button for any other questions or concerns regarding your bank account in QuickBooks Online. I'll be here to lend a hand and ensure you have a positive experience using our software.
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