smtcpa wrote:I started accepting payments via QBO this year and I absolutely love it. The time savings are great, the convenience for the client is great and I find that people question fees less and pay MUCH quicker. Now that their ACH option is next-day costing only 1%, that makes it even better.
I use Quickbooks (Intuit Payments) to collect most of my fees, but it only costs me $1.00 per payment received (used to be $0.50). I don't get the money next day, but I get it within 2-4 business days, often sooner, and only once or twice in many years has a payment ever been reversed.
I don't efile (or print mailable) returns until I get paid, so that has something to do with my great collection rate.