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January 25, 2022
Question

I am showing a large amount in my QuickBooks checking account when all my payments are received into my checking account via online C.C payments.

  • January 25, 2022
  • 1 reply
  • 0 views
In Chart of accounts I am showing a large amount in my QuickBooks checking account mind you I do not even use that account, All my deposits go directly into my account via Credit Card payments via QuickBooks CC payments. I just stated QuickBooks last year and when I run my end of year report is is reporting much higher profits that I actually have and I have to believe it has to do with either QuickBooks Checking account or Undeposited funds account.

1 reply

January 25, 2022

Hello there, @bestwaycabinetsl. Welcome to QuickBooks Community! Let me address your concern about your QuickBooks checking account.

 

If you’re approved for QuickBooks Payments, you’ll be given a QuickBooks checking account and debit card. It’s a QuickBooks fee-free checking account where all of your payments get deposited on a monthly basis.

 

Also, I recommend contacting our Payment Support team for further assistance. They'll provide additional details regarding your existing balance. Open this article to see their operating hours, as well as the steps on how to reach them out: Contact Payments or Point of Sale Support.

 

You can also check this handy article for further details about your checking account in QuickBooks Online.

 

I’m always ready to assist you if you have any other questions or concerns about managing your accounts. Tag me in your reply and I’ll sprint back into action. Have a good one and keep safe.