Accounts Payable features:
With QuickBooks Online, you can initiate purchase orders and also convert them to bills. You can also readily record your payments for future use.
Check Creation and Printing
Irrespective of how your vendors or suppliers want their checks – electronic or paper – QuickBooks has you covered. By simply entering the details of your payment checks, you can create and send checks without leaving your QuickBooks page. And if your vendors would rather have paper checks, the ‘Print Checks’ option of this software allows you to easily convert your e-checks to paper checks for flexibility.
QuickBooks offers an easy way to stay on top of your payments. The vendor dashboard shows you your purchase orders and bills at a glance. From this dashboard, you can figure out the bills that are open, paid, or unpaid.
Accounts Receivable features:
This software generates a receipt for transactions on which your customers have paid you. Instead of manually recording your sales or writing out receipts, the software automatically creates a receipt for your customers’ payments.
QuickBooks creates a unique page for your business on your customers’ portal to eliminate delays from your receivables. From this page, they can assess and respond to the invoices you send to them without hesitation.