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dericksturke
Level 1

Just need a definition of the following line if I chose to downgrade: "Manage or pay bills from vendors"

If I down grade will I lose the ability to post payments to my vendors? Otherwise what does that statement mean?
Solved
Best answer December 14, 2020

Best Answers
JasroV
QuickBooks Team

Just need a definition of the following line if I chose to downgrade: "Manage or pay bills from vendors"

You got it right, @dericksturke.

 

The Manage and pay bills feature lets you enter and pay bills to your vendor. You can choose how you want your vendors to get paid, by check or through a direct deposit. This feature is available in the Plus and Advanced versions of QuickBooks Online (QBO). 

 

If you downgrade your QBO version without the Manage and pay bills feature, you’ll lose the option to enter and pay bills to your vendor. However, you can post a payment to them using an expense transaction.

 

To learn more about what other versions of QBO have to offer, check out our Plans & Pricing page for reference.

 

If you still wish to downgrade your account, you can follow the steps below:

 

  1. Go to the Gear icon.
  2. Select Account and Settings.
  3. Click the Billing & Subscription tab.
  4. Select Downgrade your plan
  5. Click Choose Plan.
  6. Review what's changing with your new plan.
  7. Select Continue or Submit when you're ready.
  8. Review the billing details, click Change plan, then Done.

You can also refer to this article for more details: Upgrade or downgrade your QuickBooks Online subscription.

 

In addition to this, let me add this article that serves as your guide in preparing and filing your vendors 1099 effectively: Create and file 1099s using QuickBooks Online.

 

If you have other concerns or questions in regards to your QBO account, you can always tag me in your reply. I’ll be around ready to help you. Have a great day ahead!

View solution in original post

3 Comments 3
JasroV
QuickBooks Team

Just need a definition of the following line if I chose to downgrade: "Manage or pay bills from vendors"

You got it right, @dericksturke.

 

The Manage and pay bills feature lets you enter and pay bills to your vendor. You can choose how you want your vendors to get paid, by check or through a direct deposit. This feature is available in the Plus and Advanced versions of QuickBooks Online (QBO). 

 

If you downgrade your QBO version without the Manage and pay bills feature, you’ll lose the option to enter and pay bills to your vendor. However, you can post a payment to them using an expense transaction.

 

To learn more about what other versions of QBO have to offer, check out our Plans & Pricing page for reference.

 

If you still wish to downgrade your account, you can follow the steps below:

 

  1. Go to the Gear icon.
  2. Select Account and Settings.
  3. Click the Billing & Subscription tab.
  4. Select Downgrade your plan
  5. Click Choose Plan.
  6. Review what's changing with your new plan.
  7. Select Continue or Submit when you're ready.
  8. Review the billing details, click Change plan, then Done.

You can also refer to this article for more details: Upgrade or downgrade your QuickBooks Online subscription.

 

In addition to this, let me add this article that serves as your guide in preparing and filing your vendors 1099 effectively: Create and file 1099s using QuickBooks Online.

 

If you have other concerns or questions in regards to your QBO account, you can always tag me in your reply. I’ll be around ready to help you. Have a great day ahead!

dericksturke
Level 1

Just need a definition of the following line if I chose to downgrade: "Manage or pay bills from vendors"

Thank you for the response.   I have never paid vendors directly from Quickbooks, simply entering bills paid as Expense transaction.   As long as I maintain that function, I should be all right.

I have a one man operation; No inventory, no payroll, just services.  Not even retail sales.  I purchased Quickbooks online prior to the Simple Start option was available.   When QB doubled in price a year after my initial purchase, I have sought to spend less, but still maintain books.

Are there any other features -- no listed in the "downgrade" area -- that I will lose? 

And will all my current data be maintained and transported to this new downgraded version?

Fiat Lux - ASIA
Level 15

Just need a definition of the following line if I chose to downgrade: "Manage or pay bills from vendors"

@dericksturke 

If you are using QBO Simple Start or Essentials, you may utilize MP or Billcom to manage your bills.

https:// melio.grsm.io/quickbooks

https:// billcom.grsm.io/quickbooks

 

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