Thanks for getting in touch with the Community, Silsal.

If you're using a QuickBooks Payments account, Intuit deposits your funds to the Direct Deposit Account (DDA) on file in your Merchant Service Center profile.

These bank transactions are recorded in QuickBooks so that you have record of which payments are in which deposits.

I've also included a detailed resource about working with payments deposits which may come in handy moving forward: Common questions about payments deposits

Please feel welcome to send a reply if there's any additional questions. Have a wonderful Tuesday!