How To Set Up and Use Quickbooks Bill Pay
Quickbooks Bill Pay offers a fast, safe and convenient way for companies to pay their bills straight from their Quickbooks account. While users can always print their check payments and physically mail each one to their respective client, a smarter solution is to use Bill Pay. Quickbooks has made several improvements and tweaks to this feature over the years, streamlining the bill paying process for its users. To learn more about Quickbooks Bill Pay, including the steps to setting it up, keep reading.
Why Choose Quickbooks Bill Pay
- Full secure — rest assured knowing that your bill payments are safe and secure.
- Automatically adds the bill pay entry into your Quickbooks account.
- Send payments to any individual or company based in the U.S.
- Reduce your time spent paying bills.
- Save money on stamps and paper.
- Consolidate multiple invoices into a single payment (assuming it’s for the same client).
- Add details about the transaction in a ‘credit memo.’
Setting Up Quickbooks Bill Pay
It’s important to note that Bill Pay is an additional feature that users must add on to their Quickbooks account; however, you can take advantage of Intuit’s current 30-day free trial (under 20 transactions) to see if it’s right for you. If you send multiple payments each week, signing up for Bill Pay is a smart decision that will save you time and energy in the long run. Once the free trial is up, you’ll have to pay $15.95 for 20 payments and $6.95 per additional 10 payment set. Considering all of the benefits (listed above), this is a small price to pay that most businesses will find well worth it.
After signing up for Quickbooks, go into the ‘Banking’ portion of your account and click on ‘Online Banking.’ Next, choose the option labeled ‘Set Up Account For Online Services.’ Scroll through the available options and select the bank account you wish to use with Quickbooks Bill Pay. Note: you’ll need to go back and add it if it’s currently not there. Before proceeding, select ‘Quickbooks Bill Pay’ next to ‘Financial Institutions’ and click on the ‘Next’ button.
A new window will appear prompting you for a username and password. This isn’t your actual Quickbooks username and password, but rather the username and password used during the creation of your Bill Pay account. Go ahead and enter this information and you’ll have full access to the Bill Pay Center, including options to write checks and pay bills online.