I only have quickbooks to accept payments on rental properties for 2 remaining properties (I moved all the other off the platform long ago, but two elderly tenants aren't good at changing technology).
So, not only to I pay the monthly fee, but now i'm being burned 1% of each of their payments every month. Instead of QB just holding the funds until a preset day every month and depositing all the funds at once, the funds get deposited individually. $920 and $940.... instead of being capped at $10, now I'm paying $18.60 every month, or $223 per year. HOLY HELL. Thats a car payment, or a really nice dinner, or even a house payment for one of my properties. Add that in to the monthly fee, and i'm paying $775 for absolutely nothing!
Quickbooks admins are on here posting links to the FAQ like they think we're morons and just donβt understand what a great feature this is... and that posting it over and over will somehow change our minds, or magically make us OK with QB leaching our funds away from us.
Time to part ways with QB. I can buy a round-trip flight to florida to sit down at my elderly tenants computers (or phones) and set them up on my new landlord portal, cheaper than taking these new fees up the a$$.
