Welcome to the Community, lawdaman. Allow me to provide information on how long it takes to process the payments in QuickBooks Online (QBO).
In QBO, your first set of payments will be deposited within 5 business days. However, early deposits may take longer while your account is set up.
Once everything's set, your payments will be deposited much faster. If you need help checking the deposit speed in QBO, I can show you how to do it.
Here's how:
- Go to the Gear icon. Select Account and settings.
- Click the Payments tab.
- Check your deposit speed in the Deposit Speed section.
For your reference, you can check our article to know the schedule for next-day deposit in QBO.
Furthermore, when you have a paid invoice you can check this article on how to record it in QBO: Record invoice payments in QuickBooks Online
Don't hesitate to comment if you have further concerns about the payment process in QBO. I'm always here to help.