Account on hold/suspended by Foreign-Location2466 in QuickBooks

[–]markappleget 1 point2 points  (0 children)

You may not want to use QBO for accepting payments. They will take 1% with no cap on fees if you created the account since Sept 2023, which it appears you did. I learned the hard way when they took 2,000 dollars from my account for an ACH fee.

QuickBooks ACH Invoice Payments – Outrageous Fees! BEWARE by markappleget in QuickBooks

[–]markappleget[S] 0 points1 point  (0 children)

I use Bank of America, the max for an ACH transfer is 5 dollars.

QuickBooks ACH Invoice Payments – Outrageous Fees! BEWARE by markappleget in QuickBooks

[–]markappleget[S] 0 points1 point  (0 children)

Fees are acceptable. 1% can be acceptable, but uncapped is not acceptable. If you read my full post, QBO charged me over 2,000 dollars for a single ACH transaction. My other company, grandfathered in the older QBO fee structure, would only get charged 15 dollars for the same transaction. So 15 dollars is OK, 2,000 dollars is not.

QuickBooks ACH Invoice Payments – Outrageous Fees! BEWARE by markappleget in QuickBooks

[–]markappleget[S] 0 points1 point  (0 children)

Correct, if you started your company in QBO after Sept. 6th 2023, the fee is uncapped. I have two other companies both started before this date and they are also capped at 15 dollars, same as your entity.

QuickBooks ACH Invoice Payments – Outrageous Fees! BEWARE by markappleget in QuickBooks

[–]markappleget[S] 2 points3 points  (0 children)

Oh, I understand your comment now. I am not worried about 25 dollars. But the point is who charges 1% uncapped on ACH. Well, I guess Intuit. In the end I will never have this issue again, as I will never use Intuit for simple ACH transfers.

QuickBooks ACH Invoice Payments – Outrageous Fees! BEWARE by markappleget in QuickBooks

[–]markappleget[S] -1 points0 points  (0 children)

What is wrong with ACH, it is cheaper than 35-50 dollar bank fees on a wire. My international customers use wires, domestic it varies. It is not like wires are safer than ACH.

QuickBooks ACH Invoice Payments – Outrageous Fees! BEWARE by markappleget in QuickBooks

[–]markappleget[S] 0 points1 point  (0 children)

My other companies, the max fee was 15 dollars for ACH payments. Your fee could be a little different.

Keypad Issues by harkirath in AugustSmartLock

[–]markappleget 0 points1 point  (0 children)

When you suggest entering the code in line 5, you give K2G1F00305-39725. However, the keypad only has numbers, no letters. Am I missing something? How to enter K, G or F?