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February 27, 2020
Question

Could any one help me with how to upload & bulk payment to Quick books online.

  • February 27, 2020
  • 1 reply
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i am making payment to different Suppliers through Bulk payment option from bank. In bank statement also this payment show as total. How can i make this payment to different vendor while uploading entries.

1 reply

February 27, 2020

Hello accounts245,

 

Being able to pay many bills on your list in one fell swoop is a useful way manage your books and it's great to hear that your bank allows you to do this. I can see how you'd want to also accomplish this in QuickBooks Online so that you can match those payments more easily when you're matching from the bank feed or reconciling the account. I can absolutely help you with this.

 

QuickBooks Online also lets you pay multiple bills at the same time, however, the program doesn't create one singular cheque for the payment when it's applying to different suppliers.The payment will show as individual payments to each vendor in the account register, on the vendor profiles, and in reports.

 

Here's how you can pay multiple bills from different vendors at the same time.

  1. Go to the +New button in the left menu.
  2. Choose Pay bills.
  3. Check off the bills you'd like to pay listed on the Pay Bills screen.
  4. Make sure to choose the right Payment account and make any other adjustments as necessary.
  5. Click Save and close when done.

Here's an example of what the screen looks like and how you can select bills from different suppliers.

 

 

Here's how it shows in my account register.

 

 

This complicates matters when you're using bank feeds because you won't be able to match the singular payment transaction in the bank feed to the multiple vendor payments in QuickBooks Online. for that reason, I recommend excluding that transaction from the feed. Learn more here: Match and categorize bank transactions in QuickBooks Online

 

When it comes time to reconcile, it'll be a matter of remembering which vendor bills made up the payment in your bank statement. If you're not familiar with Online's reconciliation process, check out the following article: Reconcile an account in QuickBooks Online

 

Feel free to submit feedback about what you're looking for with the program. This lets us know what will help you manage your books more smoothly and many of the features now in QuickBooks once started as requests from customers. It's a simple process that the How do I submit feedback? article goes over.

 

I'll be here if you have more questions. Don't hesitate to reach out.