I'm here to discuss when QuickBooks deposits customer payments to your checking account so you can keep track of your income, kohlerappliances.
It's correct that payments will take up to five (5) business days, as it takes longer while we're setting up your merchant account if you're new to QuickBooks Payments. After that, deposits will be faster.
In addition, the product you're using will be the basis for the payment deposit speed. QuickBooks processes standard deposits daily, excluding Sundays, Thanksgiving Day, and Christmas Day. Instant Deposits are processed every day without exception. We also have a next-day deposit, in which payments processed before 3 PM PT will be deposited in your bank account the next business day, while we'll deposit them in two business days if processed after 3 PM PT.
To check the processing time of each payment, you can proceed to these steps:
- Sign in to your QuickBooks Online account.
- Click on the Gear icon, then select the Payments tab.
- Check the information within the Deposit Speed section.
For more information, you can refer to this material: Find out when QuickBooks Payments deposits customer payments.
On the other hand, consider scanning this article for guidance whenever you encounter issues with the payments you've processed: Why are my funds on hold?
We're all ears if you require further assistance regarding payment deposits or other related concerns in QuickBooks Online. Just click the Reply button to notify us in the Community.