What it does for your firm
Collecting payments is only half the job—recording them correctly in your books is just as important. Qount’s Deposit & Deposit Slip feature ensures that every payment, whether it’s automated or manual, flows seamlessly into QuickBooks Online (QBO).
Why it matters
With Qount + QBO, every payment—whether ACH, credit card, or check—is accurately recorded and automatically applied to the correct invoices, eliminating manual work and reducing errors.
This seamless integration allows firms to manage both modern electronic payments and traditional check deposits within a single system, ensuring that books always reflect the true cash position. The result is a smooth, end-to-end workflow from invoice to payment, deposit, and reconciliation, giving your firm confidence and efficiency regardless of how clients pay.
How it works
With ACH & Credit Cards:
- Most payments in Qount are made via ACH or credit card.
- When clients pay, Qount automatically:
- Creates the invoice in QBO
- Records the payment against that invoice
- Posts the deposit in QBO
- Links the depositto the payment so everything reconciles cleanly.
- This means zero manual entry and no missed links between invoices, payments, and deposits.
With Check Payments:
- Some clients still pay by check. In these cases:
- Firms can create a deposit entry directly in Qount, specifying the check amount and the invoices it covers.
- Qount marks those invoices as paid in its system.
- Qount then pushes the deposit entry into QBO so books stay in sync.
Streamlining your firm’s payment workflow since: 04/15/2024
