In the world of electronic communications, work environments and tools that shape our daily lives paying bills with paper checks is archaic.

What are Electronic Payments?

The three most common types of these options are:
⇒   Bill Pay from your checking account: vendor information is entered into your business banking forum. This is known as a “push” payment systems where payments can be set up as recurring for same amount on a specific date or manually enter amounts due as they occur. Your bank then mails the payment to your vendor, or the bank will send the payments electronically (utilities, credit cards).
⇒   ACH & EFT Batch Payments are specific electronic formats that upload vendor and payment information directly from a file downloaded from your accounting software.
⇒   Bill Pay through your vendor is a “pull” payment format where you provide details of your bank routing and account numbers or enter credit card payments.

Your Savings!
⇒   No longer worry about the “last check” in the book because you forgot to order more
⇒   No more printer jams and check number errors
⇒   No more postage – savings of $600 per year for businesses who write 100 checks per month. Bill Pay is FREE service with most banking providers
⇒   ACH/EFT Batch payments fast, efficient electronic transfer of bill payments directly from your accounting software. Saving you time and money - no printing, no stuffing envelopes, no taking checks to the mail
⇒   CASHFLOW! You set the date the bills will be paid or ACH batch is pulled!

At JK Bookkeeping we provide recurring Vendor payables processing with online bill pay options so call us today to find out more.

Experience Peace of mind with our Professional Bookkeeping Services.

Please contact us today to schedule a complimentary 30-minute consultation and learn more about how outsourcing to JK Bookkeeping can help your business. Your Success is Our Success!