Hello, tammy102. I'm here to help clarify the differences between payment methods, specifically bank transfers and ACH payments.
The Bank Transfer payment method typically refers to the transfer of funds directly from one bank account to another. This can be done through various methods, such as wire transfers or electronic funds transfers (EFT).
On the other hand, ACH payment is a distinct method separate from a typical bank transfer. While both involve transferring funds electronically, ACH payments specifically utilize the Automated Clearing House network, which is commonly used for recurring payments like direct deposits and automatic bill payments.
Here are some customized resources to address frequently asked questions about how QuickBooks Payments deposits work:
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