QuickBooks includes several advantages and services for the benefit of the users. Intuit developed GoPayment, a mobile payment processing service through Quickbooks credit card readers for fast financial transactions within the business. Intuit Quickbooks GoPayment application is an easy, simple, and fast process for card payments.
Intuit GoPayment application helps QB users process their credit card transactions via internet devices such as an Android, laptop, iPhone, etc. This activity takes some time to process the payment through using a mobile device. In this blog, we will learn about Intuit Qb GoPayment, how to set it up, and its uses, features, and benefits.
What is Quickbooks GoPayment?
Intuit Quickbooks GoPayment Application is an advanced service provided by Intuit for processing payments through mobile. Credit card payments can be accepted from anywhere and at any time by using smartphones, laptops, etc. Users also benefit from this service by turning their mobile phones into a portable point-of-sale (POS) system. Also, users can process payments easily and securely from anywhere.
This application allows the client to make payment from anywhere at any time and once the payment is done then users can send the payment receipt to the customer immediately.
Uses of GoPayment in QB
QB provides so many methods of payment to help users manage their financial transactions efficiently and accurately. Below are some of the various uses of payment in QuickBooks:
- Check: Users can make checks to pay bills, employees, or vendors. They can also use checks to record payments received from the clients.
- ACH transfer: They can use ACH transfers to make electronic payments to vendors, employees, or other parties.
- Credit card: This accounting software accepts Quickbooks credit card payments from customers. This process is helpful to users for receiving payments and managing their accounts.
- Online payments: The QuickBooks Online (QBO) software allows users to accept online payments from clients through its online payment portal.
- Point of Sale (POS) Payments: It provides Quickbooks point-of-sale payment options, such as mobile card readers, to accept payments from customers in person.
- Wire transfer: Bookkeepers can use wire transfers to make worldwide payments or large amounts of transactions.
- Electronic Funds Transfer (EFT): This online accounting software supports EFT payments, which allow owners to transfer funds directly from their bank account to the payee’s account.
Features of Intuit GoPayment
- Taxable Transaction Easily Handled: Quickbooks GoPayment permits organizations to make a record of products or services and define if each item is taxable or non-taxable. Users can also customize tax rates based on local or regional requirements so that they can comply with specific taxation regulations.
- Automatic Syncing with QB Online Account: In this application various transactions can be automatically synced with the QuickBooks Online account. By foregoing the necessity of manual data entry, this combination gives a guarantee that fiscal records are always up-to-date. And also this process reduces the possibility of errors and saves time.
- Mobile Payments Processing: QuickBooks GoPayment gives two easy methods for processing payments. Users can feed their customer’s card details directly into the application. In this method, a physical credit card reader is not required and users need to input the information securely. Users can also use a mobile card reader for in-person transactions. The card reader connects to mobile devices and allows users to experience seamless and secure payment by swiping or inserting cards.
- Setting Up a Tipping Option with Intuit Card Reader: QuickBooks Go Payment App helps the setting up of a tipping option when using the QB card reader. This provides an easy way for customers to express their appreciation and also adds a personal touch to their business interactions.
- Inventory Item: Intuit GoPayment offers a basic inventory item library in which business organizations can manage their goods or products and inventory etc. These inventory item libraries increase the ability to manage the stock levels and fulfill customer orders effectively.
- Receipts via Email or Text: It provides a fast and efficient way for customers to access and store their transaction records. Users can send receipts directly to customers through text and email.
How To Setup Intuit GoPayment App in Quickbooks?
To set up the Gopayment Intuit app in QuickBooks, Follow the below-mentioned steps.
Step 1: Authenticate Your Account
- Sign in to your QB account.
- Click the ‘Settings’ menu.
- Choose the ‘Payment Methods’ option.
- Hit the ‘GoPayment’ tab.
- Validate your account by following the on-screen instructions.
Step 2: Download and Install the Application (Intuit GoPayment App)
- Download the Google Play store if you are an Android user or the Apple App Store for iOS devices.
- Start downloading the GoPayment app.
- Once the downloading is finished start the Installation process on your mobile device.
Step 3: Set Up the Application
- Open the downloaded GoPayment app on your mobile.
- Sign in with QB login credentials(user name and password).
- Follow the instructions to set up the application, such as adding a business name, address, and contact information.
Step 4: Connect the App to QB
- Now using the GoPayment app.
- In the ‘Settings’ menu click on the gear icon.
- Select ‘Connect to QuickBooks’.
- Follow the prompts to connect the application to your QuickBooks account.
Step 5: Set Up Card Reader
- You can obtain a card reader from Intuit or a third-party provider.
- Connect the card reader to your mobile device.
- For Setting it up follow the option.
Step 6: Start Accepting Payments
- Once the set up completed you can use the Intuit GoPayment app to accept payments from clients or vendors.
- The application will automatically accommodate transactions with your QuickBooks account.
What are the Benefits of Intuit Quickbooks GoPayment?
The benefits of QuickBooks GoPayment are listed below:
- It will automatically send payment information to your records.
- It provides simple and easy payment options and assists your customers in making payments with the help of card readers or a mobile app.
- QB GoPayment makes it easy to track inventory and the user can know the status of their inventory.
Conclusion
Intuit QuickBooks GoPayment is a modern and convenient way to accept payments on this online application. Intuit GoPayment is a perfect choice for the users. QB GoPayment support is available from 6 AM to 6 PM Monday to Friday. You can talk to them via online chat or give them a call.
Read More Related Articles:
