In the fast-paced world, choosing a reliable, reputable, and secured professional to quickly process your companyβs sales invoices is a daunting task. Nevertheless, finding such an adept payment gateway plays a critical part in any online business. QuickBooks Credit Card Processing, in this regard, is one of the most securely acceptable debit and credit cards processing software, which is widely used and appreciated in the industry.
With QuickBooks Payments, you can retain accurate records of your credit card processing cost while unfolding associated hidden costs or redundant downgrades. With this solution, you get the flexibility to regularly audit your records and set your own standards to circumspect and evaluate your business practices as well as optimize ways to improve the bottom-line performance.
Today, QuickBooks Payments is supported by various commercial online businesses and take only minutes to be integrated into your system. It can be easily connected to your accounts or mobile phones. Besides, the payment solution is widely accepted for all ACH banking transfers as well as e-checks. In case, you have any doubt regard how QuickBooks Process Works, you can always reach out to Accounting Problem experts at their helpline no.
How QuickBooks Credit Card Processing Works
A credit card funding process is predominately based on the business days. For this reason, a majority of funding time calculations for credit cards is influenced during public holidays or weekends when banking institutions are not operational. Hereβs how QuickBooks (QB) can process funding times for the credit and debit cards:
π As a user starts processing a stripe-enabled QB online account, it usually takes a week to ten working days to process the first payout (transaction) after the payment is successfully received. For subsequent payouts, processing is done in congruence with the payout schedule. The method typically enables the Stripe to identify the risks associated with the services.
π In 2-day funding period, the payout is usually made on a daily basis. This includes payments which are processed within two working days prior.
π Similarly, for seven days funding time, payouts are done daily. It comprises payments that are processed 7 business days prior.
Thus, depending on business type and user requirement, QuickBooks credit card processing may range from two to ten days funding schedule.
Total Time: 30 minutes
Methodology Followed
While turning on invoices, it is important to note that the transactions are $1.00 or above. Following steps are recommended by QuickBooks product support team to process sales e-invoices:
π Step I: Click on the βGear iconβ and go to βAccounts & Settingsβ
π Step II: Double click to select βSalesβ from the account settings and click βOnline Deliveryβ option
π Step III: Next, go to βEmail option for your e-invoicesβ and select βonline invoicesβ in the drop down
π Step IV: Set this as a default option and save the setting
π Step V: Click βOKβ
With the above settings, youβd be able to seamlessly process all your credit card invoices using QuickBooks software.
Besides, If You Want to Send an Invoice for Online Payment, Hereβs How you can Work!
π Step I: Select a βCreate (+)β option in QuickBooks Payments and select βinvoiceβ option from the drop down
π Step II: Click βOnline Paymentsβ in the box having βStripe Pricingβ option. This can be seen in the top-middle section of the page.
π Step III: Simply add the sales invoice in the product/service/customer name along with other important details
π Step IV: Select and choose βSave & Sendβ option and review the payment method while selecting βSend & Closeβ.
Processing Sales Receipts
π Step I: Go to the menu and select βCreate (+)β
π Step II: Choose βReceive Paymentsβ from the left column and enter an appropriate email address, if required (this is optional).
π Step III: Key in the required details (including shipping or billing information, date of your sales receipt, etc.) and select a suitable βPayment Modeβ from the given drop down
π Step IV: Populate the credit card details (such as credit card number, name on the card, CVV number, expiration date, etc.) and select βOKβ to affirm that the card can be charged upon saving the receipt.
π Step V: Select the relevant βProduct or Serviceβ from the list and select an appropriate βSales Tax Rateβ, if applicable.
π Step VI: QuickBooks software also provides an option to write a message (optional field) which is displayed together with the memo or sales receipt.
π Step VII: Complete the process by clicking βSave & Sendβ option.
Last, but not the least, you can also record the receipt of an invoice payment by selecting βReceipt Paymentβ option and enter the relevant information (as mentioned above).
If you come across any problem in QuickBooks Credit Card Processing, reach out to our Accounting Problem QuickBooks help-desk support to get a prompt solution in minutes!