Money Movement in AccountingSuite™️

Money Movement in AccountingSuite™️

Service
Receive Payments
(Cash Receipts)
Make Payments
(Bill Payments, Payments)
Cost
Website
Setup
Paypal
X
X
Paypal tx fees only
Quick Menu → Settings → Beta Preview
ACH
X

.80%, capped at $5
Quick Menu → Settings → Integrations → Stripe
Stripe (Credit Card)
X

2.9% + .30
Quick Menu → Settings → Integrations → Stripe
Checkbook.io

X
$1.00 per check
Quick Menu → Settings → Beta Preview

Terminology


In AccountingSuite™️ the term payment refers to money movement on the Purchases side - either via a Payment or a Bill Payment (the difference being that Bill Payments have associated Bills while Payments do not).   Receipts refer to money coming in from our customers, either as a Cash Receipt from an Invoice or a Cash Sale. AccountingSuite™️ has various ways to move money from within the software that are summarized in the table above.  Detailed instructions on the setup and use of these services is below.

  1. Stripe
  1. ACH
  1. Paypal
  1. Credit Card
  1. Checkbook.io








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