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gse2smith325-gma
Level 1

How long does it take for the first deposit. In your new QuickBooks checking account it's showing as pending now

 
1 Comment 1
LouiseG
QuickBooks Team

How long does it take for the first deposit. In your new QuickBooks checking account it's showing as pending now

The first deposit typically processes within up to five business days, gse2smith325. Let me share some key details about how this process works for you.

When you open a new QuickBooks Checking account, the initial transactions will take up to five business days. If it's currently showing as pending, it means the funds are still being verified and processed. Once the initial setup period is complete, future deposit will be processed according to standard timelines. 
 

Keep in mind that the deposit speed can vary depending on the specific QuickBooks you are utilizing, and the type of payment being processed.
 

To check the deposit speed in your QBO account, follow these steps: 

  1. Go to the Gear icon and pick Account and Settings.
  2. Choose the Payments tab.
  3. Review the Deposit Speed section.

 

Moreover, when there's an issue with the transaction, you'll receive an email outlining the steps to resolve the issue.
 

I'm also adding these resources for your guide while managing your invoice payments:
 

 

If you have any remaining concerns about invoice payments, please don't hesitate to reach out. We're committed to supporting your business growth. 

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