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Just curious why QBO Payments cannot be used for commercial real estate rent payments. Its so convenient and I really don't want to have to snag a secondary property management program to accept online payments. Any help is appreciated, thanks!
I know why commercial real estate rent payments are not an option with QuickBooks Payments, mylifeiscool. Allow me to add the details here, including an alternative you can consider.
When utilizing Intuit Payments services, specific types of businesses and activities are prohibited and restricted. This ensures compliance with the relevant laws, regulations, and requirements established by our Sponsor Banks, card/payment network partners, and other third-party financial institutions. For more information, refer to this link: Acceptable Use - Quickbooks.
Alternatively, you can use third-party apps to process commercial real estate rent payments. Several supported apps can be integrated with QuickBooks Online, which can help you carry out different business activities.
Here's how to look for one within the software:
If you want to explore more options, you'll want to visit this website: QuickBooks App Store.
Once payments are downloaded into the program, manually match them to your existing entries to keep your account balanced. You may automate this process for Bill Pay and Payments transactions to further enhance your productivity.
We're here to back you up for other queries about customer and vendor payments in QuickBooks Online. Just leave a reply below and tag us in the Community.
Thanks for the help!
I was more curious as to the WHY Quickbooks Payments couldn't be used for commercia rent payments. If there really isn't a straight forward answer, that's fine. I was really just curious. Thanks!
Yes
You can use a 3rd party payment processor to integrate with QBO. You can alco accept ACH payments for free. You should contact @Fiat Lux - ASIA for details.
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