cancel
Showing results for 
Search instead for 
Did you mean: 
keya-thomas
Level 2

Does QuickBooks charge for making payments to vendors through a credit card or checking account connected to it?

 
Solved
Best answer March 10, 2021

Best Answers
MonicaM3
Moderator

Does QuickBooks charge for making payments to vendors through a credit card or checking account connected to it?

Hi @keya-thomas,

 

Fiat-Lux - ASIA is absolutely correct. The great news is that Melio is already embedded in QBO.

 

Here is an article with details about that integration: QBO bill pay service

 

Feel free to reach out with any additional questions about vendor payments, or anything else. We’re happy to help anytime!

View solution in original post

7 Comments 7
CharleneMae_F
QuickBooks Team

Does QuickBooks charge for making payments to vendors through a credit card or checking account connected to it?

It's great to have you here today, keya-thomas.

 

The transaction fee for your vendor's payment using a credit card will depend on your bank. If you're using Online Bill Pay, the ACH transaction fee is $0.99 and $1.99 per check. For more details, you can check out this article: Bill Pay for QuickBooks Online.

 

You can also check out this article when paying your vendor: Pay a Bill with a Credit or Debit Card.

 

In case you need to record the fee, you can check out my colleague's instructions on a previous thread: https://quickbooks.intuit.com/learn-support/en-us/banking/how-to-record-a-bank-transaction-fee-incur....

 

Additionally, here's an article that you can read to help track the vendor expenses: Run a Report with Vendor Totals.

 

I suggest getting back to this thread if you'll need assistance in managing your vendor transactions. It's always my pleasure to help you out again.

keya-thomas
Level 2

Does QuickBooks charge for making payments to vendors through a credit card or checking account connected to it?

Hi Charlene,

 

Thanks for your response! I'm clear on the cost for ACH transfers. What about credit card or debit card payments? What is the transaction fee for that for QBO Advanced folks?

 

Keya

Fiat Lux - ASIA
Level 15

Does QuickBooks charge for making payments to vendors through a credit card or checking account connected to it?

@keya-thomas 

Another option, Melio

https:// melio.grsm.io/quickbooks

 

Bank transfers and debit card payments are completely free, or you can use a credit card (with a 2.9% tax-deductible fee) to extend your float and get rewards. They will pay vendors on your behalf with a bank transfer (ACH) or a mail-delivered paper check, both with your business name clearly displayed.

keya-thomas
Level 2

Does QuickBooks charge for making payments to vendors through a credit card or checking account connected to it?

@Fiat Lux - ASIA 

 

Thanks for your message. I still want to stick to using QB. At least to start off with. I just took a subscription and I want to use QB first before I use another integrated tool. But thank you for the info! I'll add it to my notes.

MonicaM3
Moderator

Does QuickBooks charge for making payments to vendors through a credit card or checking account connected to it?

Hi @keya-thomas,

 

Fiat-Lux - ASIA is absolutely correct. The great news is that Melio is already embedded in QBO.

 

Here is an article with details about that integration: QBO bill pay service

 

Feel free to reach out with any additional questions about vendor payments, or anything else. We’re happy to help anytime!

keya-thomas
Level 2

Does QuickBooks charge for making payments to vendors through a credit card or checking account connected to it?

@MonicaM3 and @Fiat Lux - ASIA 

 

Thank you! Actually, I had a second look and I am going to give it a go! I appreciate your hand-holding me through this.

keya-thomas
Level 2

Does QuickBooks charge for making payments to vendors through a credit card or checking account connected to it?

@MonicaM3 and @Fiat Lux - ASIA 

 

Actually, I had a second look at this and I think I'll give it a go! Thank you for hand-holding me through this.

Need to get in touch?

Contact us
Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up