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June 1, 2024
Question

How long does it take a deposit to be processed

  • June 1, 2024
  • 1 reply
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1 reply

June 1, 2024

Welcome to the Community, @ibangagekanem. I'd love to answer your question about the payments deposit time frame in QuickBooks Online (QBO).

 

After your initial payment, funds will be processed within five business days. The first few deposits may take a little longer as we set up your merchant account. Once the setup is complete, your payments will be deposited within two business days. 

 

For more information about how payments deposit works in QBO, check this article: Common questions about QuickBooks Payments deposits in QuickBooks Online.

 

Additionally, you can group multiple transactions into a single record so that QuickBooks aligns with your actual bank deposits. 

 

If you have further questions about payment deposit process or any other QBO related concerns, please let us know by leaving a comment below. We're always here to help. Have a good one.