I have details about the processing time for instant deposits in the system, John. Let me share that information with you.
When you use instant deposits, you can request funds into your account quickly. You can also schedule instant deposits to run automatically.
The funding time can take up to 30 minutes depending on your bank.
You’ll get an email confirmation when we successfully deposit the money. It's important to keep in mind that deposit times can vary due to third-party (bank) delays.
Furthermore, take note that you'll have to make requests before 3:00 PM PT to get your money on the same day. Otherwise, we will process any remaining payments the next day.
If you're a new to QuickBooks Payments, your ACH payments will take a bit longer during your first month. We'll notify you via email once everything is set up to let you know your payments will process at the normal speed. To monitor the status of your payment, you can follow these steps:
- Sign in to QuickBooks Online.
- Go to Sales, then Deposits.
- Select the bank deposit you want to review.
Moreover, to learn how to receive and record invoice payments, track bills, and record payments in QuickBooks Online, please refer to these articles for future reference:
I'm available 24/7 to assist with any questions you have about QuickBooks checking deposits. Feel free to reach out at any time.