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.
