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We have recently moved to QBO from MYOB - due to a business merger and need help with paying suppliers via EFT directly from QBO. MYOB made this easy , but cannot find a similar function in QBO. Is there a solution?
Hi Dynamic42,
Thanks for posting in the Community!
At the moment QuickBooks Online does not have an option or feature within to pay suppliers directly via EFT. However, you can enable batch payments or create ABA files for supplier and upload them to your internet online banking account.
Here's how:
Once you set up a bank account, you can activate batch payments for your bank.
Then, let's enable batch payments for a supplier:
Next is to create a batch payment file:
Please let me know if you have any additional questions. I'm always willing to assist.
Thank you.
Once I create the ABA file and we pay approx 12 suppliers each month, will I have to enter the suppliers bank details each time we pay them?
Hi Dynamic42,
That is correct. You will have to enter the supplier's bank details in the Supplier detail field to be able to create batch file.
You can refer to this article for a more comprehensive steps: How to enable batch payments or create ABA Files.
Keep me posted if you have other QuickBooks concerns or questions. I'll get back to help you the best that I can.
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