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) is a widely used
accounting software that allows businesses to manage their finances.
While QBO is a powerful tool for traditional bookkeeping, it's important
to note that the specifics of integrating with FedNow and handling
real-time instant payments might depend on the capabilities of QBO and
any additional plugins or features that may have been developed since
then.
Here's a general guide on how you might
approach FedNow bookkeeping using QBO and the mentioned documents:
1. FedNow Integration with QBO:
- Check if QBO has native integration or
third-party apps that allow for seamless integration with FedNow.
- Explore available plugins or tools
designed to work with FedNow transactions.
2. Automated Reconciliation in QBO:
- Leverage QBO's reconciliation features
for automated matching of FedNow transactions with your bank
records.
- Regularly reconcile your bank accounts
to ensure accuracy.
3. SASF Worksheets in QBO:
- Create custom worksheets or reports
within QBO to capture Statement of Account and Settlement File
(SASF) details.
- Use QBO's reporting capabilities to
generate SASF-like documents for tracking and verification.
4. RfP Request for Payments via ISO 20022:
- Customize payment forms or templates in
QBO to align with ISO 20022 standards.
- Ensure that payment requests within QBO
include all necessary details as per ISO 20022, such as beneficiary
information, payment instructions, and relevant data.
5. Bank Reconciliation in QBO:
- Utilize QBO's bank reconciliation tools
to match FedNow transactions with bank statements.
- Address any discrepancies promptly and
keep a record of adjustments made.
6. Documentation and Compliance:
- Maintain comprehensive documentation
within QBO, attaching relevant files and notes to transactions.
- Stay informed about any updates or
changes in ISO 20022 standards and adjust your processes
accordingly.
7. Security Measures:
- Implement security measures within QBO
to safeguard sensitive payment data.
- Regularly update your QBO account
settings and access permissions.
8. Communication and Training:
- Communicate with your team about the
integration and new processes.
- Ensure that relevant staff members are
trained on handling real-time payments and using QBO for FedNow
transactions.
Note:
Always check for the latest updates and
features in both FedNow and QBO, as software capabilities may evolve
over time. Additionally, you may want to consult with your accounting or
financial professionals for specific advice tailored to your business
needs and the most recent developments in the field.
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