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March 6, 2021
Question

First time receiving online payment, do I have to transfer it out of QuickBooks somehow or does it deposit after 2-3 business days?

  • March 6, 2021
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1 reply

March 6, 2021

Let me share some information on how Online payments works, jshock636. 

 

If you're using QuickBooks Payments, after processing the payments, QuickBooks Self-Employed (QBSE) puts the money in your bank account. It uses the account you picked when signing up for QuickBooks Payments. The time it takes to get the money into your bank account depends on your product and payments plan. Learn more about deposit times for QuickBooks Payments.

 

If you use another payment processing service, we need to manually mark the invoice in QuickBooks. Here's how: 

  1. Go to the Invoices menu.
  2. Find the invoice.
  3. Tap the small arrow icon in the Action column.
  4. Choose Mark as paid. You can also select Send receipt to send your customer proof you received their payment.

 

For more details about this one, see the Create invoices in QuickBooks Self-Employed article. Feel free to visit our Sales and customers page for more insights about your company's income and customers.

 

I'm just one post away if you need a hand with categorizing your transactions or any QBSE related. I'll be here to ensure your success. You have a good one.