Some of my small payments I am going to continue to allow to use the bank transfer to pay since they are sub $500 each month, but one is $5000/month. The last month was a small invoice of $1400. I talked with their book keeper and the money was withdrawn from their account on 06 Nov. My bank reported the deposit received on 13 Nov and credited my account that evening. So, Intuit is completely just making the interest on the float. There is NO reason to do this. Just because you CAN do it, does not mean you should. This customer pays my invoices on the same day they are received so this was a big change. They are going back to mailing the checks to me and I will disable online payment for any payments I need more quickly. Shameful
... View more