SCHEDULE VENDOR PAYMENTS

Hi, service-allhours. I'll lay down the steps to schedule vendor payments.

Beforehand, may I know if you want to schedule vendor payments in QuickBooks Online? If so, I recommend using the Bill Pay feature to achieve this task. 

If you haven't subscribed to Bill Pay yet, I suggest checking the Bill Pay plans website to select the offer you want.

Once done, please check the things you should know below before proceeding:

• US payments in US Dollar currency only
• Bill payments higher than $0.01.
• Approved bills - If you use workflows or roles and permissions features (available in QuickBooks Online Advanced or with Bill Pay Elite), ensure the bill is approved and you have permission to pay it.

Once you're ready to schedule a bill payment, follow these steps:

1. Go to Expenses and then Bills (Take me there).
2. Create a new bill or locate an existing bill.
3. If this is an existing bill, click Schedule Payment. Otherwise, choose Save and Schedule Payment after adding the info.

After that, select the bank account you want to use as your funding source or Add a bank account. 

• If you choose to Add a bank account:
  1. Find and select your bank.
  2. Enter your user ID and password, and we'll connect it immediately. 

You can also enter your bank account info manually:

1. Select Enter account info manually.
2. Enter bank details and select Continue.
3. Within three business days, we’ll send you 2 small deposits. The amount will show up in your usual bank transactions.
4. Monitor your bank account for the 2 deposits from Intuit. Once the deposits appear in your bank account, go back to schedule a payment for the relevant bill.
5. You'll see the bank name and account number. Select Verify this account.
6. Enter the amounts of the deposits, and you're all set.

Once done, perform the instructions below to complete the process:

1. Go to the Payment account in QuickBooks and select the account from your Chart of accounts to sync your payment info, then Next. 
2. Hit Next.
3. Select your payee's payment method and fill in any needed info.
4. Choose the Withdrawal date you want the funds to come out of your bank account. You can select up to 90 days in advance.
5. Click Next.
6. Review the payment details. If everything looks good, select Schedule payment. If you need to fix anything, select Back. If you decide not to schedule this payment, hit Cancel.

For more details about the process, please browse this article: Learn about QuickBooks Bill Pay for QuickBooks Online.

Additionally, you can run various vendor reports in QuickBooks Online. It'll help you track your spending and ensure your record is accurate.

I'm here to assist you with any future concerns you may have about scheduling vendor payments in QuickBooks. I'll be happy to help.