Skip to main content
M
MikePeck
July 7, 2022
Question

ACH payments processed by our bank are leaving Bills in unpaid status

  • July 7, 2022
  • 1 reply
  • 0 views

I have some vendors who are paid via ACH Transactions initiated on our Bank's website. I discovered these don't change the status of the Bills paid by this method to reflect they are no longer open.

If I launch the Pay Bills function, the bills are listed as to be paid. 

What is the recommended method to process payments to vendors, by ACH or even Credit Card so the payments are applied to the open amount?

1 reply

BigRedConsulting
BigRedConsulting
July 7, 2022

The best way is to record the bill payments in QuickBooks when creating the payments on your bank's site.  Then later when using bank feeds they'll be there and you can match them with the activity in your bank account.

 

For the checks you've already recorded - those that should pay bills - edit them and select your AP account instead of an expense account.  Then use the Pay Bills feature to apply the credit those checks create to the bills they should pay.

Terms & ConditionsAccessibility statement