I use MYOB in AUS, but that is not available in Canada. In MYOB I am able to enter the suppliers bank details and at the end of the day, produce a report that I import in to my bank account and it pays all of my bills that are in the batch report. I can't see where that is possible in CAD. It looks like you can only pay by cheque, or go online to my bank and pay each of the bills individually
Paying your bills is a necessary and integral part of running a small business. It's important that you're paying your bills on time, and that you have the easiest method in order to do so. I'll explain your options with QuickBooks Online.
At this time, QuickBooks Payments only allows your customers to pay you, and the option to pay your suppliers directly from QBO isn't available. That being said, there's tons of great third-party apps you can explore that can help integrate a bill payments program with your QBO account.
Here's a site that will show you all of the apps you're able to sync with QuickBooks Online: QuickBooks Apps - Make Payments.
I think the option to pay bills through QuickBooks Payments would be a great option, and I'd be happy to submit this feedback to our product development team for review. I'd encourage you to submit feedback also, by clicking the Gear icon > Feedback. We're always looking for new and fun features to incorporate into the program.
We are new to QB and we assumed that electronic payment to suppliers was a given option. To only have the ability to pay by cheque or to use a 3rd party for this function is not heard of or acceptable.
Is there anywhere I can put banking information for our suppliers in Advanced online so that I can export and upload to our financial institution?
Hello ylnuera. Welcome to the QuickBooks family. The ability to add banking information for your suppliers isn't available in QuickBooks. I can see the benefit of having this feature and I encourage you to send feedback to our engineers. To do this, click on the Gear icon > Feedback. New product ideas and improvements are based on the feedback we get from users like you. Feel free to ask other questions, I'll be on standby.
It is so hard to get accurate information. I spoke with your helpdesk yesterday and they told me I can build my own report when paying suppliers that would enable me to export information into a CSV file that I can upload to the bank. We do not want to use a gateway facilitator ie Plooto.. If we have to get a 3rd party provider to store our supplier banking information so that WE can develop our own upload to the bank, who would you recommend?