- September 4, 2018 at 2:49 pm #240571
Donald Kinosian DDS
I have been a long time quicken user and pay online bill pay with quicken for many years.
My accountant had me start Quickbooks which is fine EXCEPT FOR the verrrrrry slow pay on the online checkpay.
I pay citicard credit card online with quicken and it shows a date received as one to two days.
I pay citicard credit care online with quickbooks (same time same day everything the same) and it can take 5-7 days to post to citicard
This is bull as the due date is short on the credit card and I pay in full each month so I don’t want any late pay or interest charges
What is it that quickbooks takes so damn long?
What would you do as I don’t want to hastle with calling in payments, etc just write the check and it gets there fast like quicken
Is Quickbooks using my money as a float and profiting from this?
Dr. KinosianSeptember 4, 2018 at 2:57 pm #242365
Hello Dr. Kinosian,
I’m sorry to hear that you have had issues with paying your bills through QuickBooks. I’m assuming that you are using the integrated Bills.com service to pay your bills? At any rate, I recommend that you pay all of your bills using the free online bill payment service that your bank offers. This is what I do and then I have my bank account linked to QuickBooks so those payments automatically download into my QuickBooks. You can set up bank rules so that recurring payments that download each month are automatically coded to the right category for you (utilities, rent etc). One other thing you should be aware of is if a bill payment takes 5-7 days before it is received (or the payment shows up on your account) more than likely the company you are sending the payment to does not accept ACH (electronic) payments. This forces the bill payment service (like the one you use through Intuit) to mail the check which is why it takes so long for it to show up on your account as paid.
Hope this info helps.
Best of luck,
Crystalynn Shelton, CPA