Thanks for checking in with us, Kelly-GBGH1.

I'd be happy to provide you the procedure on how to enter settlements and payments via QuickBooks Online.

A Clearing Account is an account you use to move money from one account to another account when you cannot move the money directly. The following are the common uses for a clearing account. 

• Move an amount from one AP account to another AP account.
• Record a refund check from one vendor on behalf of another vendor.
• Transfer a Bill or Bill Credit from one Vendor to another, e.g., bill consolidation.

Create a clearing account:

1. Select Accounting from the left menu, then Chart of Accounts and select New.
2. In the Account dialog, select Bank from the Account Type drop-down list.
3. Choose a Detail Type drop-down list.
4. Enter a Name for the account.
5. Select Save and Close.

Also, you may find this article helpful: https://quickbooks.intuit.com/community/Income-and-expenses/How-to-enter-and-pay-bills/td-p/186102.

I'm always here to help you out if you need additional assistance with settlements and payments in QuickBooks Online.