QuickBooks Online and Bill.com are not the same process, but they can be integrated to work together to streamline your accounting and bill payment workflows.
QuickBooks Online is a cloud-based accounting software that allows businesses to manage their finances, including tracking income and expenses, invoicing, and generating financial reports. It also offers features such as inventory tracking, time tracking, and payroll.
Bill.com, on the other hand, is a cloud-based accounts payable automation platform that allows businesses to streamline their bill payment process. With Bill.com, you can digitize your invoices, set up automated approval workflows, and pay bills online.
By integrating QuickBooks Online and Bill.com, you can automate your accounts payable process and sync your payment data with your accounting software. This can save you time on data entry and help you stay on top of your finances.
How do QuickBooks Online and Bill.com work together?
QuickBooks Online and Bill.com can work together seamlessly to streamline your accounting and bill payment processes. Let’s discuss how!
Syncing Data
First, you need to connect your QuickBooks Online and Bill.com accounts. This allows data to flow automatically between the two systems.
For example, when you create a new vendor in QuickBooks Online, it will automatically appear in Bill.com.
Bill Entry and Approval
You can use Bill.com to create bills and upload invoices. You can also set up approval workflows, where bills are sent to specific team members for approval before payment is made.
Payment Processing
Once a bill is approved, Bill.com handles the payment process. It sends payments via ACH or check, and syncs with QuickBooks Online to record the payment.
Reconciliation
Finally, when payments are made, Bill.com will sync with QuickBooks Online to update your accounts and reconcile your bank statements.
The integration between QuickBooks Online and Bill.com can help you streamline your accounts payable process, reduce manual data entry, and save time on accounting tasks.
We Can Help You Get Started
Accounting technology is our specialty, and we want to eliminate your frustrations with your accounting process, so you can experience the rewards of time and money saved.
We can help you get started with syncing up your accounting technology solutions, connect with us today!
What Is The Difference Between Bill.com And QuickBooks Online? When searching for accounting solutions to make your business run more efficiently, you will most likely see these two platforms, QuickBooks Online and Bill.com, come across your search results. It’s easy to get overwhelmed by the number of digital accounting platforms available to you online, but that’s why we are here…
Intuit has released the first-ever training and certification for accounting professionals for QuickBooks Online. And we were an integral part of it. We authored two of the five courses: Setting Up and Payroll. If you have a question about QuickBooks Online...give us a shout...we know it inside & out!
Do you run a small business and constantly find yourself spending hours upon hours doing bookkeeping and accounting tasks? Do you end up doing double data entry because your online banking bill pay doesn’t integrate with QuickBooks? Does your current accounting program lack needed features like bill approval and e-payment? Well, we have great news for you! We are going…
This training is designed to help accounting professionals learn about the New QuickBooks Online! An Introduction to the New User Interface and Design Training Courses Course Materials QuickBooks Online continued to change drastically over the next few months. But this documents its earliest release!
Laura Redmond, Stacy Kildal and Mary Longacre on panel for "QuickBooks Online Consulting Strategies" hosted by Intuit's Woody Adams at Scaling New Heights accounting technology conference in Orlando, FL. More about the conference here.
Announcing the first-ever ADVANCED Certification for QuickBooks Online! This brand-new training and certification will help accounting professionals support clients using QuickBooks Online as more businesses move to the cloud. The exam will be available to ProAdvisors on November 5th, 2014. National speakers, Michelle Long, Stacy Kildal, and our own Laura Redmond are working closely with Intuit to develop this new…
ATTENTION BUSINESS OWNERS & ACCOUNTING PROFESSIONALS: The new QuickBooks Online (QBO) interface is headed your way! If you are considering moving your accounting to the cloud, sign up now; all new QBO accounts are created on the new platform. If you're an existing QBO cloud surfer, be on the lookout for an email invitation to update your classic account or…
QuickBooks Online is the world’s premier cloud-based business solution for automating and organizing financial information. It’s our top pick for accounting software and we work in it every day. Here are some of our favorite tips & tricks to help you harness the power of QuickBooks Online (QBO) and “work smarter, not harder”. Read our article for Tips & Tricks...
Simplifying Bill Creation With Bill.com's IVA Did you know that Bill.com has simplified the payment process? Not only that, they have made it even smarter which saves you time and is more efficient, through their added feature, Intelligent Virtual Assistant (IVA). How does the IVA work? Basically, the IVA has built in artificial intelligence (AI) that begins the bill creation…
