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I need to disburse funds from a trust account and have been using an outside vendor going through the Plaid network for ACH. It’s too slow - does quickbooks handle?
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Payments
Yes, QuickBooks Online handles ACH payments, Jsolaw.
QuickBooks offer Bill Pay option that allows you to streamline bill management, faster ACH payments processing and financial reporting all in one platform.
You can read these resources about the features, how to set it up and manage transaction:
You can also find other vendor payment applications within your Apps menu. Here's how to do it:
1. Click your Apps menu within QBO.
2. Go to find apps, then enter a keyword.
3. Then, select an App.
I'll attach this article that will assist you in handling bills and understanding the differences between checks and expenses.
Our team of experts provides personalized guidance on handling the ACH payments process and mastering bookkeeping practices to enhance your efficiency. Learn more with QuickBooks Live Expert Assisted.
Please let us know if you have follow-up questions or concerns regarding ACH payments process. We're here to help.
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Payments
Are you using QBO US version? Check Melio to sync with QBO and Plaid. You can also get $200 cashbacks.
https://affiliates.meliopayments.com/cashback