We recently told you of the termination of Melio Bill Pay for QuickBooks Online, and we previously told you of Intuit's launch of QuickBooks Bill Pay. With Melio now off the table in terms of actual integrated Bill Pay within QBO, we wanted to make certain that QuickBooks Users and QBO-Accountant ProAdvisors were aware of their options for implementing QuickBooks Bill Pay if they so choose.
First, take a look at the various QuickBooks Bill Pay plans. The Basic Plan which is 'free' to QBO users offers 5 ACH payments per month. It also includes 'Automated Bill creation' which enhances the functionality of QuickBooks subscriptions that don't otherwise include Accounts/Payable for Vendor Bills.
The Premium Plan costs $3.75/month (at present as a result of a 75% discount for 6-months), thereafter it will cost $15.00/month. This plan includes up to 40 ACH payments per month, it also tracks 1099s related to payments via this method. Again, this is an enhancement for some QBO SKUs that didn't offer this functionality.
The Elite Plan at $90.00/month, (presently discounted 75% for 6-months to $22.50) offers unlimited ACH payments at no fees. This level includes roles and permissions controls for the Bill Pay functionality, and also includes Bill approval workflows, another addition to the functionality for most QBO subscription types.
Second, the features of these plans are summarized in the official Intuit QuickBooks Bill Pay plan chart below. The fees noted above and in the chart below are the subscription rates for QBO Subscribers who acquire one of the QBO Bill Pay plan options directly [rather than through their attached QBO-ProAdvisor/Accountant who bills them for their subscription(s).]
Third, QBO ProAdvisors/Accountants can realize substantial savings if they sign-up their attached clients to QuickBooks Bill Pay using ProAdvisor Preferred Pricing when Bill Pay is added to a client's accountant-billed subscription where you pay for your client's QuickBooks Online subscription. That preferred pricing is shown in the table below.
Fourth, if you have a client that’s attached to you (as their ProAdvisor or Accountant) but has a client-billed or direct-billed (Intuit bills your client) subscription for QuickBooks Online, those clients will NOT be eligible for ProAdvisor Preferred Pricing on QuickBooks Bill Pay.
In those cases you will need to recommend one of the available QuickBooks Bill Pay plans. Those clients will need to sign themselves up from within their QuickBooks Online.
Please remember, all pricing shown in this article was current as of the time the article was prepared for publication, pricing may change by either the time this feature is published, or the time you read this article. That is especially true with regard to current discounts shown herein. In addition, some discounts mentioned herein may not be applicable if a QuickBooks User's subscription is presently priced on a discounted basis, regardless of the payment method for those subscriptions.
For more information about the features, benefits, plans and pricing considerations as well as the official Intuit disclosures, consult this official Intuit website.
Disclosures:
Some featured content was based upon Intuit media source materials and other QuickBooks resources or communications including QuickBooks In-product 'Help'. Content adapted by Insightful Accountant from Intuit sources is furnished for educational purposes only.
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