Bill Pay

Posted by RichardSC on March 22, 2009, 11:06 am

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I was anxious to begin =93Bill Pay=94 with the upgrade install of
Quickbooks 2009 until I looked at the cost. I issued 295 checks last
year, 24 =BD checks a month, on average. At $15.95 per month for 20
plus $6.95 to cover the additional 4 =BD checks, the annual cost totals
$395.30, or $1.35 per check. I was astounded.

Then I compared this to what my bank charges for =93Bill Pay=94 (pre slow-
down).
For the 295 checks I issued last year at =85.well I won=92t bother with
the math, I=92ll just try to quickly do it in my head=85let=92s see=85that
come to=85.ummmm=85.approximately=85=85=85
Zero Dollars and Zero Cents per check or a total of Zero Dollars and
Zero Cents for the whole darn year.

An option to preserve resources would be to run all of my years checks
in January, or some other logical month, and save $188.22, bringing my
per check cost down to a more reasonable 70 =A2 per check. Or do as I
am doing now, which is to use my banks bill pay and save my QuickBooks
time for other mundane activities.

You may have been wondering where the question is.

Am I missing some attributes of QB bill pay that aren't readily
apparent?

And if not=85

Is this a reasonable cost for paying bills?

Here I thought I was going to save money on postage, envelopes and
check stock, but, in fact, I am just paying a different piper. Don=92t
get me wrong, I=92m happy as a clam NOT paying any thing to the post
office, especially here in Parker, Colorado, but I would rather pay
for envelopes and check stock to Deluxe than to fees to Intuit.

As is apparent from the tenor of this post, I am still a bit amazed,
but before I moved on I wanted some other perspectives that might put
the bill pay option for a low volume user into a more favorable light.

Sincerely yours, Richard Cook

Posted by John on March 22, 2009, 11:43 am

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I have no idea what your talking about or that there is a cost associated=
with Bill Pay or that QB even offered such a
thing or that if they did offer it - why would anyone use it.

wrote:

>I was anxious to begin =93Bill Pay=94 with the upgrade install of

>Quickbooks 2009 until I looked at the cost. I issued 295 checks last

>year, 24 =BD checks a month, on average. At $15.95 per month for 20

>plus $6.95 to cover the additional 4 =BD checks, the annual cost totals

>$395.30, or $1.35 per check. I was astounded.

>Then I compared this to what my bank charges for =93Bill Pay=94 (pre =

slow-

>down).

>For the 295 checks I issued last year at =85.well I won=92t bother with

>the math, I=92ll just try to quickly do it in my head=85let=92s =

see=85that

>come to=85.ummmm=85.approximately=85=85=85

>Zero Dollars and Zero Cents per check or a total of Zero Dollars and

>Zero Cents for the whole darn year.

>An option to preserve resources would be to run all of my years checks

>in January, or some other logical month, and save $188.22, bringing my

>per check cost down to a more reasonable 70 =A2 per check. Or do as I

>am doing now, which is to use my banks bill pay and save my QuickBooks

>time for other mundane activities.

>You may have been wondering where the question is.

>Am I missing some attributes of QB bill pay that aren't readily

>apparent?

>And if not=85

>Is this a reasonable cost for paying bills?

>Here I thought I was going to save money on postage, envelopes and

>check stock, but, in fact, I am just paying a different piper. Don=92t

>get me wrong, I=92m happy as a clam NOT paying any thing to the post

>office, especially here in Parker, Colorado, but I would rather pay

>for envelopes and check stock to Deluxe than to fees to Intuit.

>As is apparent from the tenor of this post, I am still a bit amazed,

>but before I moved on I wanted some other perspectives that might put

>the bill pay option for a low volume user into a more favorable light.

>Sincerely yours, Richard Cook

____ _
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<[_____-----<------------------<No Spam Please><
| o'

Posted by Elaine on March 23, 2009, 2:53 pm

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I think he is referring to Quicken instead of Quickbooks.

Posted by George on March 24, 2009, 10:03 am

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John wrote:

> I have no idea what your talking about or that there is a cost associated with

Bill Pay or that QB even offered such a

> thing or that if they did offer it - why would anyone use it.

>> I was anxious to begin “Bill Pay” with the upgrade install of

>> Quickbooks 2009 until I looked at the cost. I issued 295 checks last

>> year, 24 ½ checks a month, on average. At $15.95 per month for 20

>> plus $6.95 to cover the additional 4 ½ checks, the annual cost totals

>> $395.30, or $1.35 per check. I was astounded.

>> Then I compared this to what my bank charges for “Bill Pay” (pre slow-

>> down).

>> For the 295 checks I issued last year at ….well I won’t bother with

>> the math, I’ll just try to quickly do it in my head…let’s see…that

>> come to….ummmm….approximately………

>> Zero Dollars and Zero Cents per check or a total of Zero Dollars and

>> Zero Cents for the whole darn year.

>> An option to preserve resources would be to run all of my years checks

>> in January, or some other logical month, and save $188.22, bringing my

>> per check cost down to a more reasonable 70 ¢ per check. Or do as I

>> am doing now, which is to use my banks bill pay and save my QuickBooks

>> time for other mundane activities.

>> You may have been wondering where the question is.

>> Am I missing some attributes of QB bill pay that aren't readily

>> apparent?

>> And if not…

>> Is this a reasonable cost for paying bills?

>> Here I thought I was going to save money on postage, envelopes and

>> check stock, but, in fact, I am just paying a different piper. Don’t

>> get me wrong, I’m happy as a clam NOT paying any thing to the post

>> office, especially here in Parker, Colorado, but I would rather pay

>> for envelopes and check stock to Deluxe than to fees to Intuit.

>> As is apparent from the tenor of this post, I am still a bit amazed,

>> but before I moved on I wanted some other perspectives that might put

>> the bill pay option for a low volume user into a more favorable light.

>> Sincerely yours, Richard Cook

> ____ _

> | ____o____/_|

> <[_____-----<------------------<No Spam Please><

> | o'

He is talking about bill pay:

http://quickbooks.intuit.com/product/add_ons/bill_pay.jsp

You might use it because there aren't a lot of choices. You either pay
intuit directly or indirectly if you do it through your own bank because
intuit charges banks for the software to interface with their
proprietary methods.

Posted by InLattice on April 3, 2009, 7:20 am

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Bill Pay made easier for QuickBooks users........

We host a web based software InLattice (www.inlattice.com), to
distribute payment data to vendors.

Many of our clients make payments through ACH facility and update
QuickBooks. Then Login to InLattice and with two clicks, distribute
all payment records to vendors. One of our clients sends about 75
payments every month and payment records are distributed in less than
a minute.

Our plan includes 10 documents per month Free, $12 for upto 50
documents, $25 for upto 150 documents.

We also support distribution of customer invoices, Purchase Orders.
Vendor invoices can also be received into QuickBooks through the
portal.

Please visit www.inlattice.com for more information.