I'm here to share details about receiving payments in QuickBooks Self-Employed (QBSE). This way, you'll be able to determine how often your credit is checked and select the payment option you want.
Once you set up your payment account in QBSE, you're in control of how your customers can pay. You'll have the ability to turn off credit card processing and turn on ACH transactions. Just uncheck credit cards when sending your invoice and your customer will only be able to pay by ACH.
If you're ready, you can now apply for online payments through your QBSE account. Let me guide you how.
Go to the Invoices menu.
Select Create invoice.
At the bottom of the invoice, choose Set up payments.
You'll be routed to the Payments account application page. Fill in all the needed information.
Select Activate payments.
When you're done, you'll return to the invoice you started. You can complete, send it off, or simply close the page.
Please note that the decision process will take up to 3 business. If the application is approved, then you'll receive a notification via email. If you haven't received anything in that time frame, you can contact QuickBooks Payments to check on your application status.
Furthermore, QuickBooks Payments checks your credits every time your customers pays. If you wish to verify when the system deposits your customer payments into your bank account, you can check out his article for the detailed information: Find out when QuickBooks Payments deposits customer payments.
Moreover, if you wish to learn more about what to expect when sending an invoice and how to maximize this feature in QBSE, kindly refer to these articles below: