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March 2, 2022
Question

Why do I have to wait for all paid deposits?

  • March 2, 2022
  • 1 reply
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1 reply

JasroV
March 2, 2022

QuickBooks reviews your deposits, @lildukesanddutch.

 

This is to ensure everything is accurate before depositing the payments to your account. If you're new to QuickBooks Payments, we'll deposit your first set of payments (sometimes referred to as batch) within 5 business days. 

 

These early deposits take a bit longer as we set up your account. Once everything is in place, we'll deposit your customer payments much faster. 

 

You can also check your deposit speed from the Payments menu. I'll show you how.
 

  1. Go to the Gear icon in your QuickBooks Online (QBO) account.
  2. Select Account and settings.
  3. Click the Payments tab.
  4. Review the Deposit Speed section.

 

I've also added these links for additional guidance about the process: 

 

 

When everything is in place, you might want to check out this article that can walk you through the steps in seamlessly matching your accounts: Reconcile an account in QuickBooks Online.

 

You can always count on me if you need more help with your deposits and receivables in QBO. I'm more than happy to work with you again. Keep safe!