Here's what's new in QuickBooks Online for February 2025

Tap to Pay on iPhone for GoPayment and QuickBooks mobile apps

If you use QuickBooks Payments, you can simplify getting paid through the QuickBooks GoPayment app or the QuickBooks mobile app. Now, you can take in-person payments for sales receipts and invoices using your iPhone and enjoy a 2.5% processing fee—the same as card readers and lower than keyed-in payments.*

You can say goodbye to keying in card information or depending on a separate card reader that requires charging and connection. You can also empower your team members to handle payments using Tap to Pay on iPhone without accessing sensitive business info—even as your team grows.

Note: This feature is a phased rollout on the GoPayment and QuickBooks mobile apps on iPhone. Availability for this feature through the GoPayment and QuickBooks mobile apps on Android devices has not yet been announced.

Important pricing details and product information

Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services

QuickBooks Payments: QuickBooks Payments account subject to eligibility criteria, credit, and application approval. Subscription to QuickBooks Online required. Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services. For more information about Intuit Payments' money transmission licenses, please visit https://www.intuit.com/legal/licenses/payment-licenses/.

* Rates are accurate as of 12/16/2024. All listed rates are per transaction. Not all payment plans shown; only the most comparable plan by feature are highlighted. Additional 0.4%/0.5% fee per paid invoice may apply based on plan.

Get consolidated payroll reports from multiple past payroll periods

You can find the consolidated payroll report option in the Reports tab under Payroll—just look for the “NEW” tag. Select multiple reports from a list of options to include in the consolidated report. Each report, specific to the payroll runs selected, will appear in a separate tab in the Excel spreadsheet.

This update was the direct result of customer feedback. Before now, reports were limited to the most recent run. Now, you can efficiently create a package of “presentation-ready” reports providing an in-depth analysis of one or more payroll runs—at any point after processing the run.

Important pricing details and product information

Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services

Reverse direct deposit payments within QuickBooks Online Payroll

From Reports, you’ll be able to select payroll payments made via direct deposit and then choose to Reverse them. Having this option within QuickBooks Payroll makes it easier to find, use, and accelerate the reversal request.

Within 5 days of a pay date, you can initiate the reversal of a direct deposit from that date at no additional cost.*

Important pricing details and product information

Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services

* A reversal request doesn’t guarantee you’ll get the money back.

* Cost: QuickBooks Desktop Payroll and QuickBooks Contractor Payments: There’s a $75 charge even if the reversal is unsuccessful. QuickBooks Online Payroll: There may be a $75 charge even if the reversal is unsuccessful.