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
When integrating FedNow receivables with
QuickBooks Online (QBO) for various business models (Mobile, E-commerce,
B2B, B2C, C2B), you'll want to ensure a seamless process for managing
payments, recording transactions, and reconciling accounts. Here's a
general guide:
1. QBO Configuration:
- Ensure your QBO account is set up to
handle various payment types and methods.
2. FedNow Integration:
- Confirm that QBO has a seamless
integration with FedNow.
- Explore any additional plugins or apps
that enhance FedNow integration in QBO.
3. Payment Requests via Mobile,
E-commerce, B2B, B2C, C2B:
- Customize invoices and payment requests
within QBO to accommodate different business models.
- Ensure your payment requests include
necessary details for each business type, such as invoice details,
product descriptions, or service information.
4. ISO 20022 Standards Compliance:
- Align payment requests with ISO 20022
standards for consistency and compatibility.
- QBO may provide customization options to
meet specific payment messaging standards.
5. Bank Reconciliation:
- Regularly reconcile bank accounts within
QBO to match received FedNow transactions.
- Use QBO's bank reconciliation tools to
identify and address discrepancies.
6. Customer and Vendor Management:
- Keep customer and vendor information
updated in QBO.
- Utilize QBO's features to categorize
payees based on business models (B2B, B2C, C2B).
7. Automation for Receivables:
- Set up automation within QBO for FedNow
receivables, such as auto-generating invoices or payment requests.
- Leverage QBO's recurring transactions
for regular payments.
8. Reports and Analysis:
- Utilize QBO's reporting features to
analyze income, track payments, and gain insights into different
business models.
- Create custom reports to monitor
performance across various segments.
9. Security Measures:
- Implement robust security measures
within QBO to safeguard financial data.
- Regularly update access permissions and
review user activity.
10. Communication and Training:
- Communicate with relevant teams about
the new integration and payment processes.
- Train staff on using QBO for managing
FedNow receivables in different business scenarios.
11. Compliance with Regulations:
- Stay informed about regulatory
requirements for each business model.
- Ensure that payment processes comply
with applicable laws and standards.
Note:
Always stay updated with the latest features
in both FedNow and QBO, as software capabilities may evolve.
Additionally, consult with financial professionals to ensure that your
specific business needs and compliance requirements are adequately
addressed.
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
Give Us A Call
(866) 927-7180