Wire, eft and ACH are "paperless" checks. The point is to select the right Bank account, from the bottom.
You want to Pay Bills with the radio button set to Assign Check #, so that you can put "wire" or "eft" into the check # field from the Pay Bills function.
Direct Deposit was an option for me previously, but it no longer is. I'm not sure how or what changed. The only drop down options are check or credit card. What could have happened to my direct deposit payment option?
Thanks for taking the time joining this thread, number1000.
In QuickBooks Desktop, you have the option to pay vendors through Direct Deposit. Before doing so, make sure you have an active payroll subscription.
Here's how you can pay bills from your vendors through Direct Deposit:
For additional insights, you may also check out the article about how to pay bills for vendors through direct deposit: Pay bills for vendors through Direct Deposit.
If your payroll subscription is already active but still not having the direct deposit option when paying bills, I'd recommend contacting our QuickBooks Payroll Support Team. They'll be able pull up your account and verify the status of your payroll.
Here's how you can reach them:
Stay in touch if you have other questions about pay bills in QuickBooks Desktop. I'm always here to help.
This doesn't remotely answer my question. Did you happen to read it? I explicitly said that the option for Direct Deposit was no longer appearing from the Method drop down list.
Thanks for your prompt response, number1000.
I just want to make sure that your payroll subscription is active since this can be a reason why you no longer have the Direct Deposit option in the payment method. So far, we haven't made some changes in QuickBooks Desktop that could cause this.
With this, we'll need to check your payroll subscription. I'll guide you through how below:
Otherwise, I suggest you contact our payroll support with the link I provided above, so we can further investigate.
Keep me posted oh how it goes or if you have more question on about the available payment methods when paying bills. I'd be happy to answer them for you.
Then how do you record a TRADE? Why can't we add payment method to that drop down? That is crazy every busy uses barter. You let me add the method /type then I can't use it?????
I have to purchase payroll to use different payments methods?????? That is crazy!!! Why can't I add payments methods to the bill pay screen so I can say It was paid by ACH or Cash or Barter or Trade? I can tell it what bank it is being drawn from why can't I select the correct method?
I appreciate the points you're making, JJW.
If you're paying the vendor by cash, you can write a check instead. Here's how:
Get back to this thread if you have other concerns. I'm just around.
Let's answer this: "Then how do you record a TRADE?"
Barter or Trade simply means "not through Banking or with Funds."
You still need to use a Bank Type of account to hold the transactions. Name it Barter or Clearing.
You still enter the details for what you Owe that provider of goods or service. That is Paperless Check from Barter Bank; or using Pay Bills and pay "from" Barter Bank.
Now the Barter Bank has an amount it is running negative.
Now you need to process that this person also exists as a Customer Name to you, so enter the Sales detail. That can be a Sales Receipt or a Receive Payment against an invoice for the portion being traded against what you sold or charged to them, that they owe you for but are not sending you actual funds. This is for only the amount being Bartered. "Deposit" this to the Barter Bank.
All of this should be dated for that Same Date. Now the Barter Bank ends at 0, if you did it right. That is Barter, or Trade.
This happens often to me as well. I finally went to Employees - My payroll service - logged in - made sure it was active - logged out. Then QB did the automatic update thing and all of a sudden, direct deposit popped up in the drop down box to pay my vendor.
Did you read his question? I happen to have the same one. There is no Pay Online option in QBB desktop. There only two option s we have are Check and CC. And our question is how to add pay Online option when it is not there. It does not mean we want to actually pay via QBB. We simply need a different option to record EFT from our banks to vendors' banks. That is it. All you people talk about absolutely different things.
Hello there, Okydoky.
I'm here to bring clarifications to your concern about recording EFT from your banks to your vendors' banks in QuickBooks Desktop.
If you wish to just record the payment in QuickBooks Desktop, you can simply create a check and add EFT on the memo field to indicate that the payment was paid through EFT.
Here are the instructions on how to create a check:
Feel free to get back to me if you have other concerns with QuickBooks Desktop. and I'd be glad to assist you further.
Hey there, @One Call Cleaners.
Thank you for reaching out. May I ask where you are wanting to add your bank details? If you wish to add a new payment method for a subscription plan you can do this through our CAMPs website or by contacting support.
However, if you are wanting to add your bank details in another place please feel free to reach back out so that I can best assist you.
In relation to this question, I have a third-party vendor processing my accounts payable. They integrate into QB as a bill to pay, but the payments are issued by the third party. How could I add a payment for the third party AP vendor or is there a way it goes into the general ledger?
I'm glad to see you here in the Community, @BAERI.
Let me guide you on how to record your payment for the third-party vendor. To start:
If the program won't allow you to make changes to the imported bill, you may want to create a separate bill.
Once done, you'll need to record the payment to settle your payables. Here's how:
You can pull up Vendors and Payables reports to find out how much the company owes and how much is overdue.
If you need further assistance, please comment down below.
The real issue is that we all want Quickbooks to add functionality for ACH or Wire. Quickbooks is too US centric. The rest of the world has been paying bills with bank to bank transfers for 30 years. I realize Intuit just wants to make money off me, but give us reasonable functionality. We don't need Intuit to send payments for us.