When you open your company file in a newer version, QuickBooks asks if you want to upgrade or convert the QuickBooks company file.

This is not difficult, but you must be aware of the following: You must upgrade your QuickBooks company file to work in newer versions of QuickBooks Desktop. General BusinessAccountantRetailManufacturing & WholesaleNon-ProfitContractorProfessional services QuickBooks Desktop Pro 2015 is a different version than QuickBooks Desktop Pro 2016.An edition is a differentiation within QuickBooks Desktop Premier or QBES for different business types: Take a look at this video on how to pay bills online with QuickBooks Desktop.Let's define the terms Version and Edition in the QuickBooks lexicon:Ī product is either QuickBooks Desktop Pro, QuickBooks Desktop Premier or QuickBooks Desktop Enterprise Solutions (QBES).A version is designated by a year within a product. Once the payment is processed, QuickBooks marks the bill as paid, for visual confirmation. Vendor payment details are securely recorded with Melio and not in the QuickBooks Desktop Company file. Separately, they can choose how their vendor will receive the payment - as a deposit in their bank account (ACH) or as a paper check. QuickBooks users can choose to pay their vendor bills by ACH, debit or credit card. Assign a specific day for the payment to be processed and sent. Optionally, on demand, users can select Sync Online Bill Payments from the menu bar to sync these details with the QuickBooks Company file.įeatures: Users can schedule vendor payments online from within QuickBooks. As the charges are deducted from your funding source, QuickBooks will record the fee bill as paid. Note: If paying a vendor bill with a payment type that includes a separate processing fee, QuickBooks will create a vendor named Melio, and these charges will be added as a vendor bill. Optionally, from a displayed vendor bill, select Schedule Online Payment from the top right of the main ribbon. How to find it: From the menu bar, select Vendors > Pay Bills.

Included with: QuickBooks Desktop Pro Plus, Premier Plus, Accountant Plus 2022 and all editions of Desktop Enterprise 22.0.

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