Understand how the QuickBooks Business Network works
by Intuit•454• Updated 1 month ago
Learn how QuickBooks Business Network works in QuickBooks Online.
QuickBooks Business Network helps you automate how you find, connect, and exchange invoices and payments with vendors and customers. This helps your business-to-business transactions faster and more efficiently.
Take note of the prerequisites
View and edit your company info so it's up-to-date.
For a better experience, open this article in QuickBooks Online. Launch side-by-side view
Note: Discover step-by-step instructions on how to add and manage customers, as well as add vendors to your QuickBooks account.
QuickBooks Business Network workflow
Understand how verified QuickBooks users share financial documents with each other.
- Verify Information: Update your business contact info first. Once you receive and accept an invitation, your connections can access this contact information.
- Connect: Find the customer or vendor to connect with in the QuickBooks Business Network database, then send them an invitation.
- Exchange: After you accept an invitation, you can send invoices straight to a customer’s QuickBooks account or get bills directly from a vendor.
- Stay updated: When your connections update their QuickBooks contact info, it updates automatically in the network.
Benefits of QuickBooks Business Network
Use of QuickBooks Business Network automates several aspects of accounts receivable and payable. Here's what it does:
- Ready for review: Bills received through the network are ready to review and pay immediately.
- Reduce manual entry: No need to manually create bills for connected vendors.
- Efficient workflows: A direct connection makes daily accounting tasks smoother.
- Bundled review: By submitting an application for the Business Network, you will undergo a bundled review to assess your eligibility for QuickBooks Payments, and QuickBooks Payroll.
Review info for QuickBooks Online Accountant users
All existing firms and all new companies now have access to the network.
- Client Management: Accountant users can search the network to find contacts or change network visibility on behalf of their clients' QuickBooks Online accounts.
- Firm Management: Accountant users can use "Your Books" in their QuickBooks, to find contacts or update their firm’s network visibility.
Tip: See on how to get paid as a payable member in QuickBooks Business Network.
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