This blog deals with how QuickBooks invoice payment can be imported to the cloud-based platform and what are multiple invoice payment options available.
An invoice is simply a document containing the list of goods or services and the net amount owed for delivering these items. Establishing an accurate and efficient invoice process helps you maintain a consistent cash flow and makes sure that no penny is wasted.
Imagine you are a restaurant owner, and you have both walk-in customers and corporate clients. Your business is now thriving, but managing the financial side of the business, especially paying vendor invoices, has become a significant challenge. You may receive invoices from various suppliers, such as kitchen equipment providers, utility companies, and marketing services. All these piling-up payments can cause you to encounter several difficulties.
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Difficulties That You May Face
- Manually handling all payments can take your valuable time away from running the restaurant. Moreover, as a growing business owner, you may have to deal with a high volume of transactions on a daily basis.
- Some vendors may prefer checks, while others may prefer ACH transfers, wire transfers, or others. Satisfying all vendors is crucial for building a healthy relationship with them.
- In addition to making invoice payments, you may also have to send invoices. Creating invoices manually using Excel may take a lot of time and is prone to errors. Moreover, you may have to include different details like itemized meal costs, delivery fees, and special service charges in each email, which may further complicate the process.
- Since manually generating invoices may take time, they often go out late, causing delays in payments. Delays in payments from clients can negatively impact your cash flow and, ultimately, your business operation.
Your Ultimate Solution
As a restaurant owner, the difficulties you may face while making an invoice payment may be immense, but the solution that you can find is the one and only OnlineCheckWriter.com – Powered by Zil Money. The platform offers you effective and efficient ways to make invoice payments.
With the cloud-based platform, you do not need to worry about the manual process of settling an invoice. You can integrate the platform with your accounting software. This helps you to easily import invoice data from the accounting software to the cloud-based platform. After importing the invoice data, the platform allows you to make payments via multiple methods.
Let’s have a look at the various payment options offered by OnlineCheckWriter.com – Powered by Zil Money.
Make Payments Via Checks
As a restaurant business owner, issuing checks can convey professionalism and reliability to suppliers. Moreover, checks can be issued to multiple vendors in a batch, simplifying the payment process. This reduces the administrative burden that comes when processing individual payments.
With OnlineCheckWriter.com – Powered by Zil Money, check payment has become easier than ever before. The platform allows business owners to settle invoice payments immediately via checks. The owners do not have to wait for the pre-printed checks to get delivered since the check printing platform offers an on-demand check printing feature. All they need is some blank stock papers and a regular printer. Printing checks on blank stock papers allows business owners to save 80% of check printing costs compared to ordering pre-printed checks.
Another key benefit of using the cloud-based platform for making check payments is the customization feature that it offers. The drag-and-drop feature allows you to add your restaurant’s logos, fonts, and other elements that can increase professionalism. The positive pay feature ensures that only authorized checks are processed.
Make Payments Via ACH
A restaurant business owner can pay vendors promptly via ACH. ACH transfers can help a restaurant owner take advantage of early payment discounts or avoid late fees. Moreover, you can set recurring payments with ACH. This avoids the need for manual payment processing each month, allowing you to focus on core operations and customer service.
ACH transfers are processed via the ACH network, which is controlled and monitored by NACHA. OnlineCheckWriter.com – Powered by Zil Money, is an official member of NACHA. So, making ACH payments via the cloud-based platform is easy and affordable. The platform also offers same-day ACH, which guarantees the next-day delivery of your payments.
Make Payments Via Wire
Some of your vendors may be from foreign countries. You need a payment system that can help you make international payments easily. OnlineCheckWriter.com – Powered by Zil Money, allows you to make international payments effortlessly. The international wire transfer offered by the platform allows one to pay vendors and suppliers overseas. For making international wire transfers you need specific codes like SWIFT or IBAN. The platform also offers domestic wire transfers, which only require a routing number and account number.
In addition to check, ACH, and wire, there are multiple other payment options offered by the cloud-based platform, which include credit cards, etc. All these payment options help you to enhance the efficiency of your B2B transactions.
Now, let’s see how a restaurant business owner can send invoices using OnlineCheckWriter.com – Powered by Zil Money.
How Can You Send Invoices?
You can send invoices easily with OnlineCheckWriter.com – Powered by Zil Money. You can even customize your invoices with the cloud-based platform. Here are the steps that you must follow.
- Select the Receivables options from the side panel.
- Choose invoices.
- Click on the New button to create new invoices.
- Add your invoice details, such as the invoice number, on the dialog box that appears.
- You can even enter the tax details and add attachments.
- You can either save it or send it right away.
- You can send an invoice either by mail or email.
- Sent invoices will appear under your invoice list.
- From there, you can print, send them via email, SMS, or mail, and even delete them.
- You can also import invoices from third parties.
Conclusion
A restaurant business owner can solve all the difficulties that they may face while making an invoice payment with OnlineCheckWriter.com – Powered by Zil Money. The ability of the platform to integrate with accounting software allows QuickBooks invoice payments to get imported to the platform. Moreover, the multiple payment option offered by the platform allows one to make invoice payments effectively.
