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Pirate_tat87
November 4, 2024
Question

Cash Deposit Quickbook Checking

  • November 4, 2024
  • 2 replies
  • 0 views

Hello I am in need of some assistance. 

For the first time I have attempted to add physical cash to my QuickBooks Checking Debit Card. I went by my local Walgreens store although they did have an Allpoint ATM I couldn't deposit cash so I went to the register and the employee was able to do a cash deposit at the register there was a $4.95 fee, I did get a receipt that the deposit was successful however the deposit has yet to show up in my account. 

Since this is my first time, I don't know if it's an instant deposit, if it takes 3 to 5 business days. If anyone has any advice I would greatly appreciate it. 

 

Thank you. 

2 replies

MsNorthPND18
MsNorthPND18
November 4, 2024

Thank you for choosing QuickBooks Online (QBO) for your cash deposit. There's no need to worry, Pirate_tat87. I'll provide you with some information to assist you in correcting your bank transactions.

 

To successfully add cash to your QuickBooks Checking, ensure that you link an external bank account. Typically, transferring funds into your QuickBooks Checking account takes around 3 business days.

 

For additional information, refer to this article on QuickBooks Checking, a checking account that incurs no monthly fees and allows for the deposit of all your customer payments: QuickBooks Checking FAQ.

 

After taking care of your checks, start reconciling your bank. Need help doing it? Check out this guide: Reconcile an account in QuickBooks Online.

 

For more info on managing your Cash and checking account and much more, you can check out the following articles:

 

 

I'm here to assist you with any further questions regarding QuickBooks cash deposit checking processes. Feel free to leave a comment below, and I'll be happy to help. Take care and stay safe.

A
Athena55719
December 29, 2024

In no way did you resolve the question asked. I'm assuming QB, as so many other tech companies have done, has chosen to dive head first into using AI, which in this case means artificial ignorance. 

 

To recap, the OP wanted to deposit physical cash into their QB checking account. "Linking an external account" is NOT the answer in this situation.

 

I, as likely many others are of the assumption that since QB checking is technically a Green Dot service then we expect that this should be able to be done whereas Green Dot permits cash deposits at various retailers and certain ATM's.

 

A response from a live human concerning this question would be much appreciated. 

    T
    ThomasJosephD
    December 29, 2024

    Thank you, Athena55719, for your interest in seeking clarification on depositing physical cash in QB. I am here to provide you with information to clear this matter.

     

    Currently, there is no direct way to deposit cash into QuickBooks checking account. While this option is unavailable, you can utilize the transfer feature to effectively move cash payments.

     

    To successfully add cash to your QuickBooks Checking account, you must first link an external bank account. The cash payment should be deposited into this external bank account.

     

    Once the cash is deposited, follow these steps to transfer funds from your external bank account to your QBO Checking account:

     

    1. Go to Lending & banking, then select QuickBooks Checking.
    2. Choose Transfer and then select Transfer Money.
    3. Select Add a Bank. Enter your bank name, account type, and routing number.
    4. When you're ready to connect, press the Next button.
    5. Go to Lending & banking, then QuickBooks Checking.
    6. Pick the Verify Bank.
    7. Enter the two amounts deposited by QuickBooks. Choose Confirm.

     

    This method involves an extra step but allows users to ultimately get the cash into their QBO checking account. It's important for users to note that they'll need to visit their external bank to make the initial cash deposit before they can transfer the funds to their QBO account.

    You can review this article to know more about checking account in QBO: Use your QB checking account.

     

    Moreover, you can transfer funds instantly with QuickBooks Checking using a linked debit card, even on weekends and holidays, this may help you on your future steps.

    If you have more questions about your Checking account in QBO, you can reply to this thread. We're happy to help you.

    lakeviewarvind
    lakeviewarvind
    November 4, 2024

    Thank you.

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