New Melio Plans, QBO Bill Pay, and alternatives

Thank you for considering QuickBooks (QB) Bill Pay, Repurposed. I truly understand that costs associated with different plans is a significant factor in your decision-making process. It's completely reasonable to explore different options, considering how these expenses can affect your budget and long-term financial objectives. I'll provide clarification to your queries and help you determine the most suitable solution for your needs.
 

If you are subscribed to QB Bill Pay Premium, you will receive 40 free ACH transactions per month. Any additional transactions will incur a charge of $0.50 each. Moreover, check payments for all plans will be subject to a charge of $1.50 per transaction.
 

The fee for your vendors will depend on your internal agreement with them. If they agree to deduct a charge from the total amount, you can add a service item for the cost and enter the amount as a negative to deduct it from their payment.
 

Multiple bills to the same vendor will be combined into one payment.
 

If your vendors aren't in the QB Business Network, here's how to input their payment information for them:
 

1. Sign in to your QBO company.
2. Go to Expenses and pick Vendors.
   
   
   
   
3. Click each of their name and hit Edit.
   
   
   
   
4. In the ACH payment info section, enter their details.
   
   
   
   
5. Tap Save.
   
   

If they are Payable Network Members, you don’t need to enter this info. For further information, check out this article: Pay payable members with QuickBooks Bill Pay.

To learn more about the advantages of QB Bill Pay, refer to this resource: https://quickbooks.intuit.com/learn-support/en-us/help-article/pay-bills/online-bill-pay/L8p08lKIW_U....
 

If you are seeking other options, you may check out our QBO App Store and look for third-party apps to help you handle bill payments.
 

Finally, I'll add this link so you can check out QB Bill Pay subscriptions and their corresponding features: https://quickbooks.intuit.com/bill-pay/.
 

My goal is to ensure all your questions are addressed and to find the appropriate plan that aligns with your needs and preferences, Repurposed. If you have additional inquiries, please tap the reply button. I'll keep this thread open.

Thank you for the reply, Camelle,

To be clear, I was not interested in charging a fee to my recipients. I just wanted to make sure they were not being charged a fee by QuickBooks. The person who told me this is usually very informed, but I did think that was odd when he told me about it. I'm wondering if he was thinking that they sent me invoices via QBO, in which case I believe they do pay a fee.

I am aware how I can enter bank info, but thank you. Is there no way for them to do it? I have 20-25 vendors I pay. They’re all in Melio already, but for security reasons (which I totally understand) I do not have access to that info. I’d really prefer not to have to ask them all for that data (which is further complicated because they should not send it via email) and key it in. Too much room for error.

I would like to leave this thread open to get the opinion of any users who have feedback to offer. 

Thank you, again!

I'll hop in this thread to share relevant information regarding how to let your vendors enter their bank details via QuickBooks Bill Pay, Repurposed.

I understand your preference to avoid entering bank information for your 25 vendors due to security concerns and the desire to minimize the risk of errors.

If your vendor is a Payable Network Member, there's no need to enter this information. However, if the vendor QuickBooks Business Network details require updating, all you need to do is reach out to them to ensure their ACH payment information is current in QuickBooks.

On the other hand, if the vendor email indicates they’re already part of the QuickBooks Business Network, you don’t need to invite them again. Instead, you can send them a connection request within the network.

Just a heads up, you can only invite vendors to add their payment information if you're subscribed to QuickBooks Bill Pay. Here’s how you can send them an invite or send a connection request :

1. Sign in to your QuickBooks Online account.
2. Choose the Expenses and then Vendors.
3. enter a new vendor. In the Vendor drawer, pick the Ask for payment info.
4. Enter the vendor company name and email address, then choose Continue.
5. Pick Send Invite to send an email invitation to your vendor.
6. Choose the vendor you want to connect with and press the Next button.
7. Lastly, press the send a connection request.

For further guidelines, you can visit this page: Pay payable members with QuickBooks Bill Pay.

Once they join the network, you and your vendor will be connected, allowing for streamlined communication and transactions. This connection enables you to schedule bill payments without needing to enter your ACH information each time.

Additionally, you can refer to this page that contains information on how you can combine payments or schedule an online bill payment, and edit vendor transaction: 

• Learn about QuickBooks Bill Pay for QuickBooks Online.
• How to view and edit vendor transactions in QuickBooks Online.

If you have any questions or need assistance with sending invites or managing your vendor connections, we are here to help you make the most of your QuickBooks experience. Stay safe.

I would recommend sticking with Melio even with their new subscription plans. They still offer more features for sure. The quality of QB Billpay's customer service is still a big issue, and I don't expect them to improve any time soon. For new users, don't forget you can get $100 cashback to pay your first bill.

https://quickbooks.intuit.com/learn-support/en-us/reports-and-accounting/has-anyone-been-able-to-set...

Thank you, Christine. There is some good info here!

I appreciate the recommendation, but I'm looking at paying either $55 per month with Melio or $15 per month with QuickBooks. If I add a second user it goes up to $65 with Melio, but remains at $15 with QB. Trust me when I say that the idea of giving QB more money isn't appealing to me at all—I feel both QB and Shopify are nickel-and-diming small businesses to death—but $50 per month is HUGE for us.

It's almost like Melio said how can we screw over this particular small business. I'm being totally facetious, but with over 20 ACH payments per month, we'd need Melio's highest plan, while we can get away with the middle tier for QB Bill Pay.

You say of Melio, "They still offer more features for sure." Can you elaborate? I can't imagine there's anything that will offset such a huge difference in price, but I'm willing to be proven wrong.

Right now, I'm still hunting for a less expensive option, but if I don't find something between today (when I make my last monthly payments on Melio) and the next time I need to make payments, it's going to have to be QB Bill Pay by default.

Side note: Sorry, I did reply to the individual messages, but they're not threading for some reason.

You're most welcome, Repurposed.

I'm glad that my previous colleague's response successfully helped you with letting your vendors enter their bank details via QuickBooks Bill Pay. Your positive feedback inspires us to continue providing the best solutions for any concerns you may have.

For future reference, you can review this article on using QuickBooks Bill Pay to pay your vendors in the QuickBooks Business Network without manually entering their ACH info: Pay payable members.

Should you require further assistance with sending invites or managing your vendor connections, please don't hesitate to reach out by clicking the Reply button. We're always here to support you.

I think I'm good @RheaMaeH. I just signed up for the Basic plan, since I know it'll take a few days to get it setup. I'll make a few payments for free and then make my decision.

I'm also interested to know if QB will charge the vendor.  Is the answer Yes or No?

Thank you for your interest in QuickBooks Online (QBO), Client.

QBO does not charge the vendor as all fees associated including subscription and transaction fees, are billed to the business owner.

Otherwise, if you want to charge your vendor for the fee, you may consider using a third-party app that suits your business needs. 

Here's how:

1. Go to Apps from the left panel.
2. Click the Find Apps tab.
3. From the search bar, type in the keyword to look for an app.
4. Browse through the list of results and choose an app that suits your requirements. 

• Add a vendor in QuickBooks Online
• How to view and edit vendor transactions in QuickBooks Online.