QuickBooks ® FedNow RfP File Invoicing
The Best Solution for Payment Processing in QuickBooks®
Today Payments is an Authorized Reseller of Intuit offering a highly robust app that supports both QuickBooks’ desktop and online customers, provide merchants with the tools they need so they can focus more time on their customers and businesses, and less time on data entry.
"Our Integrated payment solutions can save a typical small business owner more than 180 hours each year"
See
the features
QuickBooks® ACH, Cards, FedNow and Real-Time Payments
- Payment processing for all QuickBooks desktop, Pro, Premier, Enterprise and also QBO QuickBooks Online Our software is designed for simplicity and ease-of-use.
- ~ Automate Account Receivable Collection
- ~ Automate Account Payable Payments
- ~ One-time and Recurring Debits / Credits
Secure QB Plugin payment processing through QuickBooks ® specializes in the origination of moving money electronically.
Ask about our special:
Request for Payments
Integrating a FedNow Request for Payment file into QuickBooks Online (QBO) and QuickBooks Desktop through the SecureQB Plugin would involve several steps, including mapping data, formatting the file, and configuring the plugin. Keep in mind that the specifics of the integration will depend on the features and capabilities of the SecureQB Plugin, and I don't have access to the plugin's exact details. However, I can provide a general outline of how this integration might work:
- File Preparation:
- Based on the requirements of the SecureQB Plugin and QuickBooks, create a CSV or other compatible file format that includes the necessary information from the FedNow Request for Payment. This could include fields such as payment amount, payer information, payee information, payment reference, and more.
- Mapping Data:
- Map the fields in your FedNow Request for Payment file to the corresponding fields in QuickBooks. The SecureQB Plugin likely requires this mapping to ensure that data is imported accurately into QuickBooks.
- Plugin Configuration:
- Configure the SecureQB Plugin in QuickBooks to enable the import of the FedNow Request for Payment file. This might involve specifying the file format, mapping, and other settings.
- Import Process:
- Use the SecureQB Plugin's import functionality to upload the FedNow Request for Payment file.
- The plugin should process the file, map the data to QuickBooks fields, and initiate the creation of payment records or other relevant transactions.
- Data Validation:
- Ensure that the imported data is validated against QuickBooks' requirements and any business rules you've defined.
- Matching and Reconciliation:
- After the data is imported into QuickBooks, reconcile the transactions to ensure they match the corresponding payments in the FedNow system.
Please note that this is a high-level overview and the actual integration process may involve more technical steps and considerations. Since the SecureQB Plugin's capabilities and interface might have evolved beyond my last update in 2023, we recommend reaching out to the plugin's support or documentation for the most accurate and up-to-date guidance on integrating FedNow Request for Payment files into QuickBooks.
Working closely with technical experts, including those from your financial institution, the SecureQB Plugin's support team, and QuickBooks support, will ensure that your integration is successful and compliant with all relevant standards.
Call us, the .csv and or .xml Request for Payment (RfP) file you need while on your 1st phone call! We guarantee our reports work to your Bank and Credit Union. We were years ahead of competitors recognizing the benefits of RequestForPayment.com. We are not a Bank. Our function as a role as an "Accounting System" in Open Banking with Real-Time Payments to work with Billers to create the Request for Payment to upload the Biller's Bank online platform. U.S. Companies need help to learn the RfP message delivering their bank. Today Payments' ISO 20022 Payment Initiation (PAIN .013) show how to implement Create Real-Time Payments Request for Payment File up front delivering message from the Creditor (Payee) to it's bank. Most banks (FIs) will deliver the message Import and Batch files for their company depositors for both FedNow and Real-Time Payments (RtP). Once uploaded correctly, the Creditor's (Payee's) bank continuing through a "Payment Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.
Our in-house QuickBooks payments experts are standing ready to help you make an informed decision to move your company's payment processing forward.
Pricing with our Request For Payment Professionals
1) Free ISO 20022 Request for Payment File Formats, for FedNow and Real-Time Payments (The Clearing House) .pdf for you manually create "Mandatory" (Mandatory data for completed file) fields, start at page 4, with "yellow" highlighting. $0.0 + No Support
2) We create .csv or .xml formatting using your Bank or Credit Union. Create Multiple Templates. Payer / Customer Routing Transit and Deposit Account Number may be required or Nickname, Alias to import with your bank. You can upload or "key data" into our software for File Creation of "Mandatory" general file.
Fees = $57 monthly, including Support Fees and Batch Fee, Monthly Fee, User Fee, Additional Payment Method on "Hosted Payment Page" (Request for file with an HTML link per transaction to "Hosted Payment Page" with ancillary payment methods of FedNow, RTP, ACH, Cards and many more!) + $.03 per Transaction + 1% percentage on gross dollar file,
3) We add a URI for each separate Payer transaction. Using URI, per transaction, will identify and reconcile your Accounts Receivable.
Fees Above 2) plus $29 monthly additional QuickBooks Online "QBO" formatting, and "Hosted Payment Page" and WYSIWYG
4) Above 3) plus Create "Total" (over 600 Mandatory, Conditional & Optional fields of all ISO 20022 Pain .013) Price on quote.
Start using our FedNow Real-Time Payments Bank Reconciliation:
Dynamic integrated with FedNow & Real-Time Payments (RtP) Bank Reconciliation: Accrual / Cash / QBO - Undeposited Funds