Intuit has introduced QuickBooks Bill Pay, which imports vendor invoices, automatically creating bilsl in QuickBooks. The software company says the new application is designed for small and mid-sized businesses.
Bill Pay enables users to assign roles to employees to determine who can create, approve, and pay bills. When vendors and contractors are paid through QuickBooks, the transaction is automatically recorded and matched in the books of businesses that use QuickBooks' integrated AP capabilities.
Electronic payments or paper checks can be sent with the aid of QuickBooks. Users can also see which individuals should receive a 1099 with QuickBooks Bill Pay Premium or Elite, able to file unlimited 1099s for no additional fee.
There are three Bill Pay plans with Basic available at no cost for those with five standard ACH payments per month. The Premium plan is priced at $7.05 per month for those with 40 ACH payments per month. Elite users pay $45 per month with unlimited ACH payments. It is the Elite payment plan that offe
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind