Solved
I need to understand quickbooks banking fees
what is fee for ACH transactions?
business to business or business to consumer (retail/personal) ?
QuickBooks Payments charges bank fees for processing payments to send money via bank, @jhn_schafer. I'll share more information below, including the ACH transaction fee.
The ACH bank transfer processing fee is 1% per transaction. Also, take note that fees vary based on what services you use. Check out this article for more details: Standard Payment Fees & Rates.
Furthermore, B2B stands for business-to-business, referring to transactions that take place between one business and another. B2C means business-to-consumer and refers to transactions between a business to an individual as the end customer.
Moreover, this article will help you learn how to check when QuickBooks deposits customer payments into your bank account: Find out when QuickBooks Payments deposits customer payments.
We're one post away if you have additional questions about banking processing fees in QuickBooks. We'll be willing to help you. Keep safe, and have a good day.
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