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customshowerscap
Level 1

How do I receive payments on quickbooks online?

It keeps saying you were paid your money is on its way, however the funds were sent last week. I have my bank account connected to our quickbooks. But there isn't a transaction to confirm yet. Additionally, the transaction was more than $5,000
2 Comments 2
JoesemM
Moderator

How do I receive payments on quickbooks online?

I'll provide information about the funding time and ensure you'll be able to receive their payment, customshowerscap.

 

The approximate 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. 

 

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 the electric deposit. 

 

However, if this is your first time using QuickBooks Payments, we'll deposit your first set of payments within five (5) business days. This might take a bit longer since we are still setting up your account. Please be assured that succeeding payments will be deposited quicker once the process is completed.

 

Meanwhile, you can track your transactions through the Merchant Service Center:

 

  1. Log in to your Merchant Service account.
  2. Click Activity & Reports and select Deposits.
  3. Use the Date fields to filter the data.

 

For additional reference, you can check this article to find out when QuickBooks Payments deposits your money

 

However, if you haven't received the funds in the allotted time, I'd recommend getting in touch with our QuickBooks Payments Support as they can check the payment status.

 

I've added these references to learn more about payment deposits and what to do in case you encounter payments on hold in QuickBooks:

 

 

It'll be always my pleasure to help if you have any other concerns besides QuickBooks payments and deposits. Please let me know by clicking the Reply button and leaving a comment below.

LetsDoThis
Level 1

How do I receive payments on quickbooks online?

The money could be located in your quickbooks bank account which you then have to transfer to your preferred bank account. I’ve never had to confirm receiving a payment.

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