QuickBooks® Request for Payment Invoicing
The Best Solution for Payment Processing in QuickBooks®
Today Payments is an Authorized Reseller of Intuit offering a highly robust app that supports both QuickBooks’ desktop and online customers, provide merchants with the tools they need so they can focus more time on their customers and businesses, and less time on data entry.
"Our Integrated payment solutions can save a typical small business owner more than 180 hours each year"See
the features
QuickBooks® ACH, Cards, FedNow and Real-Time Payments
- Payment processing for all QuickBooks desktop, Pro, Premier, Enterprise and also QBO QuickBooks Online Our software is designed for simplicity and ease-of-use.
- ~ Automate Account Receivable Collection
- ~ Automate Account Payable Payments
- ~ One-time and Recurring Debits / Credits
Secure QB Plugin payment processing through QuickBooks ® specializes in the origination of moving money electronically.
Ask about our special:
Request for Payments
QuickBooks Online (QBO) doesn't have native
integration with FedNow or specific features for handling real-time
payments. However, you can design a workflow within QBO to manage Aging
FedNow Request for Payments (RfP) manually or with the help of
third-party tools that might integrate with QBO. Keep in mind that
features and integrations can evolve, so it's advisable to check for the
latest updates from Intuit and FedNow.
Here's a general guide on how you might
structure your QBO workflow for Aging FedNow RfP:
1. Request for Payments (RfP) in QBO:
- Create RfPs in QBO for each transaction
that requires payment.
2. Include FedNow Payment Link:
- Add a note or a custom field in QBO to
include the FedNow payment link or instructions. This can be a URL
or a reference that guides payees on how to make instant payments
using FedNow.
3. Payment Tracking in QBO:
- Leverage QBO's payment tracking features
to monitor the status of payments. Regularly update the payment
status manually based on the information received from FedNow.
4. Aging Reports:
- Generate aging reports in QBO to track
the status and aging of FedNow payments. Customize these reports to
include relevant details such as payment date, due date, and FedNow
transaction references.
5. Automated Reminders:
- Use QBO's automated reminder feature to
notify payees when payments are due. Manually include information
about the FedNow payment link in the reminder message.
6. Security Measures:
- Implement robust security measures to
protect sensitive financial information within QBO, especially when
dealing with payment links.
7. Regular Reconciliation:
- Conduct regular reconciliation between
QBO records and your bank statements to ensure accuracy.
8. Third-Party Tools:
- Explore third-party tools or apps that
might offer integration between QBO and FedNow. These tools could
streamline the process of updating payment information in QBO.
Example Workflow:
- Create RfP in QBO:
- Generate an RfP in QBO with details
about the transaction.
- Include FedNow Payment Link:
- Add a custom note or field with
information on how payees can make instant payments using
FedNow.
- Payment Tracking in QBO:
- Regularly update the payment status
in QBO based on information received from FedNow.
- Generate Aging Reports:
- Use QBO's reporting features to
generate aging reports, tracking the status of FedNow payments
over time.
Note:
- Stay Informed: Keep
an eye on updates from both Intuit (QBO) and FedNow for any new
features or integrations that might streamline this process.
- Third-Party Integration:
Check if there are third-party apps or services that specialize in
integrating FedNow transactions into QBO.
Call us, the .csv and or .xml Request for Payment (RfP) file you need while on your 1st phone call! We guarantee our reports work to your Bank and Credit Union. We were years ahead of competitors recognizing the benefits of RequestForPayment.com. We are not a Bank. Our function as a role as an "Accounting System" in Open Banking with Real-Time Payments to work with Billers to create the Request for Payment to upload the Biller's Bank online platform. U.S. Companies need help to learn the RfP message delivering their bank. Today Payments' ISO 20022 Payment Initiation (PAIN .013) show how to implement Create Real-Time Payments Request for Payment File up front delivering message from the Creditor (Payee) to it's bank. Most banks (FIs) will deliver the message Import and Batch files for their company depositors for both FedNow and Real-Time Payments (RtP). Once uploaded correctly, the Creditor's (Payee's) bank continuing through a "Payment Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.
Our in-house QuickBooks payments experts are standing ready to help you make an informed decision to move your company's payment processing forward.
Pricing with our Request For Payment Professionals
1) Free ISO 20022 Request for Payment File Formats, for FedNow and Real-Time Payments (The Clearing House) .pdf for you manually create "Mandatory" (Mandatory data for completed file) fields, start at page 4, with "yellow" highlighting. $0.0 + No Support
2) We create .csv or .xml formatting using your Bank or Credit Union. Create Multiple Templates. Payer/Customer Routing Transit and Deposit Account Number may be required to import with your bank. You can upload or "key data" into our software for File Creation of "Mandatory" general file.
Fees = $57 monthly, including Support Fees and Batch Fee, Monthly Fee, User Fee, Additional Payment Method on "Hosted Payment Page" (Request for file with an HTML link per transaction to "Hosted Payment Page" with ancillary payment methods of FedNow, RTP, ACH, Cards and many more!) + $.03 per Transaction + 1% percentage on gross dollar file,
3) Payer Routing Transit and Deposit Account Number is NOT required to import with your bank. We add your URI for each separate Payer transaction.
Fees Above 2) plus $29 monthly additional QuickBooks Online "QBO" formatting, and "Hosted Payment Page" and WYSIWYG
4) Above 3) plus Create "Total" (over 600 Mandatory, Conditional & Optional fields of all ISO 20022 Pain .013) Price on quote.
Start using our Bank Reconciliation:
Dynamic integrated with FedNow & Real-Time Payments (RtP) Bank Reconciliation: Accrual / Cash / QBO - Undeposited Funds
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(866) 927-7180