Please assist. I have received payment from a customer for an invoice issued in the accounts receivable and want to deposit to the bank account. How do i do this?

Thanks for your time visiting us today, @chad39,

Receiving a payment to the business bank account is made easier for you. Follow the steps below:

1. Click the + New icon then choose Receive payment.
   
2. In the Customer field, add the name of the invoiced customer.
3. Under Outstanding Transactions, click the Invoice number of the transaction you want to apply a payment.
4. To make sure it gets deposited to the right register, the Deposit to field must have the correct Account Name in it.
   

For tips on how to receive a payment, see the following articles for guidance:

• Record invoice payments in QuickBooks Online
• How to link a deposit to an invoice

Additionally, if your business hold funds before they are deposited to the actual bank, you can create a temporary holding account in the Chart of Accounts. To do that:

1. Go the Accounting menu and select Chart of Accounts.
2. Click on the New button at the top.
3. For the Account Type, use Cash and cash equivalents.
4. The Detail Type should be Cash on hand.
5. Add a Name of your preference.
   

Once you receive the payment, use this holding account in the Deposit to field. If its time to deposit them to the actual account, change it to the actual bank. See this:

Feel free to ask here if you need further help or need additional assistance. I'll be right here to help. Have a wonderful day!