You can set up auto-pay with Payably so that it will automatically bill your customer. Automatic payment programs were developed in the early 1970s. Not everyone is reaping the benefits, yet. Obviously, when dealing with clients without a bank account—or if your receivable’s timeline is very irregular—it won’t be an ideal program or you. For a majority of companies, automatic payments provide at least 4 great benefits.
Reduced risk – Paper bills sit on customer’s desks until they’re ready to pay them. Electronic payments are a successful way to reel in your receivables.
Lower costs – Printing invoices, buying envelopes and stamps and paying employees to put all of that together to send to a customer cost money and time. With automatic payments, all of that is eliminated.
Receiving regular payments – on time – equates to better cash flow, overall.
By creating the sales receipt in QuickBooks, you can pull that sales receipt up in Payably and collect payment immediately. With our credit card reader, you can swipe a customer’s card and get paid fast. One of the most awkward client/vendor moments in business is having to repeat to clients that they owe you for a bill or invoice. It’s more difficult to respectfully demand immediate payment without embarrassing the customer or feeling as if you are harassing your customer.
To avoid the conflict, here are 3 guidelines designed to get clients to pay their bills by the due date or even earlier.
The best way to make a journal entry with QuickBooks Online is to click the 'plus (+) sign' at the top of the user Interface. After that, the ‘create’ menu is opened, select ‘show more.’ Under the other column, click ‘journal entry’ and proceed. Click here for more information: https://www.youtube.com/watch?v=Ud0de5gGJL8 .
Payably is a mobile point of sale (mPOS) solution that integrates seamlessly with QuickBooks Online. It automatically builds accurate bookkeeping transactions established with your sales, in real time. This combination eliminates duplicate data. No double entries. No hassles. No wasted time. With full real-time integration, your savings start today! Click here to find out more: https://getpayably.com/mobile-velocity/ .