How to Accept a Credit or Debit card Payment in QuickBooks Online?

This article will tell you how to receive payments via QuickBooks Online. It helps in getting payments from customers. With […]

Voiced by Amazon Polly

This article will tell you how to receive payments via QuickBooks Online. It helps in getting payments from customers. With the right method, you can apply customer payments to your particular invoices, cut down accounts receivable, etc. It is important to note that you can receive payments in QuickBooks by Debit card or Credit card. Learn how to Accept a Credit or Debit card Payment in QuickBooks Online?

Save Time, Reduce Errors, and Improve Accuracy

Dancing Numbers helps small businesses, entrepreneurs, and CPAs to do smart transferring of data to and from QuickBooks Online. Utilize import, export, and delete services of Dancing Numbers software.

In case you use QuickBooks to receive payments from your particular customers, you do it because it is quite easier for you. With this option, you can receive payments very easily.

Let’s study this in detail.

What is Accepting Credit Card or Debit Card Payments in QuickBooks Online is all about?

These days, people do not carry cash. Add to it, some people just write checks to avoid the hassle. As per research, only 10% of the payments globally were made in cash in 2018.

Credit cards and Debit cards are important for business. Almost all types of businesses, big or small, accept credit cards or debit cards as a form of payment.

Why Should You Use QuickBooks Online Payments?

Using QuickBooks has its own set of benefits. Some of the benefits that you get when you sign up with QuickBooks include:

  • You are not required to install anything for QuickBooks Payments in order to work with QuickBooks Online.
  • When you select the Pay Now button on the particular emailed invoices, customers can make the payments online easily.
  • With the help of QuickBooks Online payments, the payments get deposited into respective bank accounts, generally, in 2-3 business days post the transaction date.
  • QuickBooks Payments are embedded in QuickBooks accounting software, hence all your financials and accounts are updated.
  • With the help of the QuickBooks Online Mobile app, it is possible to accept payments with your particular mobile device.

How to Accept Credit Card or Debit Card Payments in QuickBooks Online?

Accepting Credit Card Payments via QuickBooks Online:

Solution 1

Step 1: Choose +New.

Step 2: Choose Receive Payment or the option Receive invoice payment.

Payment Method List

Step 3: Enter the customer payment date and info.

Step 4: In the particular Outstanding Transactions area, choose an open invoice in order to apply for the payment. If you require partial payment, you can make the changes in the particular Amount Received field.

Step 5: From the particular Payment method drop-down option, choose Credit Card.

Step 6: Choose the Add Credit Card details.

Step 7: Add the Credit card details. You can also swipe the card.

Step 8: Choose Process Credit Card.

Step 9: Choose Save. Then click Save and Close.

Solution 2:

Step 1: Choose Select +New.

Step 2: Choose a Sales Receipt or You can also Choose to Make a Sale. After that, You can Enter the Customer Details.

Step 3: Add the Particular Service or Product to Sell.

Step 4: From the particular Payment method drop-down option, choose Credit Card.

Step 5: Choose Enter Credit card details.

Step 6: Add the details of the credit card or you can also Swipe Card.

Step 7: Choose Process Credit Card.

Step 8: Choose Save.

Step 9: Choose Save and Close or choose Save and New.

Note: The particular credit card payments that you have got will not show in your bank account register, as long as the funds are not shifted from QuickBooks payments. When the funds are sent to your particular bank, the record of the deposit will be registered in QuickBooks, and the processing fee to the account registers in QuickBooks.

Accepting Debit Card Payments via QuickBooks Online:

Solution 1:

Step 1: Choose +New.

Step 2: Choose Receive Payment or the option Receive Invoice Payment.

Step 3: Enter the Customer Payment Date and Info.

Step 4: In the particular Outstanding Transactions area, Choose an Open Invoice in Order to Apply for the Payment. If you require Partial Payment, You can make the Changes in the Particular Amount Received Field.

Step 5: From the particular Payment method drop-down option, choose Debit Card.

Step 6: Choose the Add Debit Card details.

Step 7: Add the Credit Card details. You can also swipe the card.

Step 8: Choose Process Debit Card.

Step 9: Choose Save. Then click Save and Close.

Solution 2:

Step 1: Choose Select +New.

Step 2: Choose Sales receipt or you can also choose Make a sale. After that you can enter the customer details.

Sales receipt

Step 3: Add the particular service or product to sell.

Step 4: From the particular Payment method drop-down option, choose Debit Card.

Step 5: Choose Enter Debit Card details.

Step 6: Add the Details of the Debit Card or You can also Swipe Card.

Step 7: Choose Process Debit Card.

Step 8: Choose Save.

Step 9: Choose Save and Close or Choose Save and New.

There are a number of ways by which you can record or even process credit or debit card payments, in order to hide them in QuickBooks Online.

Accounting Professionals, CPA, Enterprises, Owners
Accounting Professionals

Looking for a professional expert to get the right assistance for your problems? Here, we have a team of professional and experienced team members to fix your technical, functional, data transfer, installation, update, upgrade, or data migrations errors. We are here at Dancing Numbers available to assist you with all your queries. To fix these queries you can get in touch with us via a toll-free number
+1-800-596-0806 or chat with experts.


Frequently Asked Questions (Faqs)

Is it Possible to Know What Every Customer Owes Individually?

Even though a customer pays only a portion of the balance owed, QuickBooks Online will monitor the open balance due on every invoice. It is possible to check what is owed by every customer by just selecting the customer.

How Accepting Credit Card Payments in QuickBooks Online Saves Time?

The moment a credit card is processed inside the QuickBooks accounting software, every transaction will instantly apply the payments into the QuickBooks. This reduces accounting work tremendously and saves both time effort.

Call Now+1-800-596-0806
Top