This is part of our Invoicing and Payments series (Chapter 2 of the QuickBooks tutorial hub):

• Lesson 1: Creating and Sending Invoices in QuickBooks
• Lesson 2: Using Progress Invoicing in QuickBooks for Staged Jobs
• Lesson 3: Accepting Online Payments in QuickBooks
• Lesson 4: Setting Up Recurring Invoices and Reminders in QuickBooks

Letting clients pay online, rather than remembering to do a bank transfer, is one of the simplest ways to get paid faster.

1. Connecting a payment option

Under payment settings, connecting a provider adds a pay now button directly to your invoices.

2. Choosing which methods to accept

QuickBooks supports cards, PayPal and bank transfer, so you can offer whichever suits your clients best.

3. Understanding the transaction fees

Online payment options charge a small fee, worth weighing against how much faster you get paid.

4. Keeping payments reconciled

Payments taken this way should flow through to your bank reconciliation automatically, but it is worth checking they match up.

QuickBooks Australia’s official YouTube channel covers online payments: quickbooks.intuit.com/au/payments. Our registered BAS agents can help you weigh up whether it is worth it for your business.