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Why didn't Quickbooks payments deposit my recurring transactions payments?

 
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QuickBooks Team

Re: Why didn't Quickbooks payments deposit my recurring transactions payments?

Thank you for posting here, @aylewis.

 

QuickBooks collects the transactions you processed on that day. At 3 PM PT, collection of the transactions proceed into a deposit that you'll find in your account the next business day. 


Also, Bank transfer (ACH) payment deposits can take 2-7 business days in QuickBooks. The waiting period, known as the time to funding, varies depending on the time of day you enter transactions, which financial institution you choose for your transactions to be deposited in, and how long it takes your bank to verify and process electronic deposit.

 

You can contact the  Merchant Service Center to show your deposit status as "Pending". When Intuit gets word from your bank that the deposited funds have cleared, status changes to "Funded".

 

For your future reference, read this article about:

 

Please reach out again if you have any other questions. Have a nice day!