I can see you're in the tight spot right now, @trevorgildersleeve, and @jennr.
Please know this isn't what I want you to feel about using our QuickBooks Payment. Allow me to share with you some insights about the next-day banking deposit.
Beginning April 12, 2021, bank transfer (ACH) payments will be charged a 1% transaction fee (max$10) per transaction. There will be no charges for credit card or debit card payments. They will be still deposited at current rates.
Payments that are processed before 3:00 PM PT (Pacific Time) will arrive at your bank the next business day. Later payments will arrive the following business day.
This recent update helps our user and their customer process their payments instantly to their bank. We know how crucial cash flow is to your business, and we make sure to respond to the consistent feedback of our merchant.
Also, our funding speed and cost are updated to be in line with the market standards. For more insights about this, you can refer to these articles:
Let me also add this link that you can use for future reference. This can guide you in matching your bank balance and QuickBooks balance seamlessly in the future: Reconcile an account in QuickBooks Online.
Keep me posted if you have any clarifications about the next-day deposit in QuickBooks. I'll be around to assist you. Keep safe and have a good one.
