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Buy nowThe invoice shows that the payment has been received but the money has not been deposited into our bank account.
Every small amount of money is valuable and should be saved, HP60. Rest assured you have my full support and I'll provide clear instructions for you to trace the payments in QuickBooks Online (QBO).
We usually review payment transactions in QBO within 2 business days. However, it may take your bank 1-2 business days to settle the funds in your account, which means it could take up to 3-4 business days for you to receive your money.
If you haven't received your funds within the expected timeframe, your payments may be on hold. It can delay the payment processing and could be caused by the status or your bank.
To confirm the status of processed payments, you can follow the steps below:
If there are issues with your invoice payments, we'll send an email notification with instructions for you to resolve them. I recommend checking your inbox, spam section, or junk email folder.
I also encourage you to contact your bank to verify if they have specific requirements when processing payment deposits.
Otherwise, you can contact our QuickBooks Merchant Service Team to follow up on the payment status or conduct an investigation if there is any.
I invite you to review the following links for assistance with resolving deposits in pending status that require payment resolution:
Additionally, I recommend reconciling your account regularly to ensure amounts align with your bank: Reconcile an account in QuickBooks Online.
I'm here to assist you with any payment-tracing inquiries in QBO. Please leave your comments below, and I'll be there.
Actually, @HP60 , When QB feels that they have collected enough interest off of YOUR money, they will release it. Expect to have your money held a lot, and for weeks, by QB. It's what they do.
Good luck.
This is happening to me. It’s the first time it’s done this. What do I need to do
We're glad you've posted here in the Community forum, @Ally_nicole. I understand this situation can be concerning, especially since it's the first time you've experienced it. I'm here to help guide you through the next steps.
Funds usually arrive in 2-3 business days. Yet, the exact timing varies based on transaction entry, your bank, and its electronic deposit processing speed. Your funds may be delayed for various reasons, such as:
To verify the status of your deposit, sign in to your Merchant Service Center. If you see the word "Withheld" in the METHOD column, that payment is on hold and we're reviewing it.
If your funds are on hold, we will notify you via the email you used as your contact email when you signed up for QuickBooks Payments. It contains specific instructions to fix any issues with your account.
If you didn't receive an email, I recommend checking your spam or junk folder. You can check out this article to get more details about this process: Why are my funds on hold?
We value your efforts and your patience during this situation, @Ally_nicole. We're doing everything in our power to resolve any delays. Please don't hesitate to post here again if you need further assistance.
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