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sean-doflab-com
Level 2

Account Funding Limit Reached - Quickbooks Will not Increase

What an absolutely shame.
Recently had a customer unable to use the invoice link to remit the payment and I find out because my account's funding limit has been reached.

So, I speak with an Intuit agent and they're telling me I will need to submit 6 months of worth of bank statements and profit & loss sheet.

My business was just established two months ago. 

We need to be able to receive payments of atleast $150K monthly, and Intuit is telling me the initial funding quota is 5K? What an absolute joke.

Intuit rep told me there is very little likelihood the funding limit will be increased.

So, not only am I unable to receive payments from our customers by e-check (which, by the way, Quickbook is charging a fee for every transaction), now I need to find a different way to receive funds (which isn't really an issue but rather inconvenient) while looking for a different account software.

Thanks for nothing, Intuit.

3 Comments 3
JessT
QuickBooks Team

Account Funding Limit Reached - Quickbooks Will not Increase

Hi sean-doflab-com,

 

I see that your need is really way beyond the initial limit, and because of this, I understand how you feel about the service we offer. I want you to know that we hear your feedback, and it's very useful when making changes in the future.

 

If you have more feedback or suggestions, feel free to comment below. You can also check for product updates on the QuickBooks Blog page.

Fiat Lux - ASIA
Level 15

Account Funding Limit Reached - Quickbooks Will not Increase

@sean-doflab-com 

Explore MP as another option to accept online payment.

https:// melio.grsm.io/quickbooks

 

sean-doflab-com
Level 2

Account Funding Limit Reached - Quickbooks Will not Increase

will check it out. thanks!

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