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kevin176
Level 1

How to accept on-line rent payments

Need to get 'with it' and start accepting on-line payments from my customers (rent).  Have heard I might need a third party app - most payments will be ACH.  Just wondering how QB accepts & records, etc.  Thank you for your time....
2 Comments 2
Nicole_N
QuickBooks Team

How to accept on-line rent payments

Hi there, @kevin176. Thanks for reaching out to us.

 

Let me share some information about accepting online payments in QuickBooks Online (QBO). 

 

You can add links to invoices using QuickBooks Payments so that clients can pay online via credit card or ACH bank transfer. This account is also referred to as Merchant Services or Go Payment. You can create one in the QuickBooks Online settings.


I'll guide you on how:

 

  1. Go to your Company Settings by clicking the Gear icon.
  2. Select Account and Settings.
  3. Choose Payments from the left navigation and then click the Learn More button.
  4. Enter your Business info, Personal info, and Payment deposit info.

 

For more details about the process, check out this article: Sign up for QuickBooks Payments.

 

Now you can ask for payment on invoices. Here's how you record it.

 

  1. Go to the +New button, then select Invoice.
  2. Choose a customer and the type of payment you'll accept.
  3. Fill in the necessary fields, then click Save and Close. You can also click Save and Send to email it to your customer.


Once your client receives the email and pays the invoice, you'll have to record the invoice payments in QuickBooks Online.

Here's how:

  1. Go to the + New button.
  2. Select Receive payment.
  3. From the Customer dropdown, select the name of the customer.
  4. From the Payment method dropdown, select the payment method (credit card, debit, PayPal, Venmo, or ACH bank transfer).
  5. From the Deposit to dropdown, select the account you put the payment into.
  6. In the Amount received field, enter the amount your customer paid.
  7. In the Outstanding Transactions section, select the checkbox for the invoice you're recording the payment for.
  8. Click Save and Close once done.

 

If customers come into your business, you don't need to send them an invoice. Instead, create a sales receipt.

 

You can also visit this article to learn how to manage invoices: Send invoice reminders automatically or manually in QuickBooks Online.

 

Let me know in the comment below if you have additional questions about QuickBooks Payments. I'd be glad to answer them for you. Stay safe!

Fiat Lux - ASIA
Level 15

How to accept on-line rent payments

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