We appreciate you visiting us here in the Community space, Rani. I'll share details about how the banking feature works inside QuickBooks Online (QBO) and how you can transfer funds to your suppliers.
Please be aware that QBO is for recording purposes only. That said, connecting a bank account to the company file will allow you to download transactions from your bank to your QBO account.You can utilize a third-party app to transfer funds directly to your supplier. We'll write down the steps to help you get an app that provides your business needs:
- Access your QuickBooks Online company.
- On the left navigational bar, click the Apps tab.
- Select the Find Apps tab.
- Enter a keyword in the search bar or click the Browse category button to filter the results.
- Once you've found the app, click on it and then select Get app now.
Another way to find a 3rd party app is to visit our official QuickBooks App Store through this link: https://quickbooks.intuit.com/app/apps/home/
After paying a supplier, you'll want to record the payment inside QuickBooks to keep your books accurate. For more details, please see this article: Enter bills and record bill payments in QuickBooks Online.
In addition, we recommend visiting these articles to help you handle bank transactions and reconcile an account inside QBO:
We look forward to helping you again if you need assistance handling supplier payments or have any additional QuickBooks-related questions. Have a nice day.
