- posted
15 years ago
Bill Pay
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- posted
15 years ago
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- posted
15 years ago
Then I compared this to what my bank charges for ?Bill Pay? (pre slow- down). For the 295 checks I issued last year at ?.well I won?t bother with the math, I?ll just try to quickly do it in my head?let?s see?that come to?.ummmm?.approximately??? Zero Dollars and Zero Cents per check or a total of Zero Dollars and Zero Cents for the whole darn year.
An option to preserve resources would be to run all of my years checks in January, or some other logical month, and save $188.22, bringing my per check cost down to a more reasonable 70 ¢ per check. Or do as I am doing now, which is to use my banks bill pay and save my QuickBooks time for other mundane activities.
You may have been wondering where the question is.
Am I missing some attributes of QB bill pay that aren't readily apparent?
And if not?
Is this a reasonable cost for paying bills?
Here I thought I was going to save money on postage, envelopes and check stock, but, in fact, I am just paying a different piper. Don?t get me wrong, I?m happy as a clam NOT paying any thing to the post office, especially here in Parker, Colorado, but I would rather pay for envelopes and check stock to Deluxe than to fees to Intuit.
As is apparent from the tenor of this post, I am still a bit amazed, but before I moved on I wanted some other perspectives that might put the bill pay option for a low volume user into a more favorable light.
Sincerely yours, Richard Cook
You have to factor in value of your time or the time spend by an employee to issue the checks.
Paying electronically through your bank does take more effort than using Bill Pay directly in QB and there is less chance for errors being introduced into your accounting records which can be quite time consuming to correct.
I do agree with you that the per check charge that Intuit charges is too high but there are many instances where the saving in time and the chance for fewer errors more than justify the additional cost.
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15 years ago
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- posted
15 years ago
I think he is referring to Quicken instead of Quickbooks.
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- posted
15 years ago
Bill Pay or that QB even offered such a
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- posted
14 years ago
Bill Pay made easier for QuickBooks users........
We host a web based software InLattice
Many of our clients make payments through ACH facility and update QuickBooks. Then Login to InLattice and with two clicks, distribute all payment records to vendors. One of our clients sends about 75 payments every month and payment records are distributed in less than a minute.
Our plan includes 10 documents per month Free, $12 for upto 50 documents, $25 for upto 150 documents.
We also support distribution of customer invoices, Purchase Orders. Vendor invoices can also be received into QuickBooks through the portal.
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