It’s been 7 days now, and my payments still have not reflected in my bank account. I am concerned. This is a new account and company, but another of my client payments from a week prior has processed. Not sure why these two additional ones have not. Does it sometimes take longer than 7 days? In my prior experience with QB, no.
Let me provide some information about the payment process in QuickBooks.
Funds usually, reach your deposit bank account within 2-3 business days of the transaction. It changes depending on the time of day you enter transactions, which financial institution you choose for transactions to be deposited in, and how long it takes your bank to verify and process electronic deposits.
The estimated wait time for credit card payments to be transferred to your bank would take 5-7 banking days, while ACH deposits may take 7-10 business days.
If the payment deposit is taking longer than usual, you may need to contact our Merchant Services Team so they can verify the status of the payment.
Also, to learn more about payment processing, you may check these articles: