QuickBooks charges vary for ACH transactions depending on the type of transaction and the QuickBooks product you are using. Generally, fees range from $1 to $3 per transaction, or 1% of the transaction amount up to a maximum of $10 for certain QuickBooks Online transfers.
Detailed Breakdown of QuickBooks ACH Fees
The costs associated with ACH (Automated Clearing House) transactions in QuickBooks depend on whether you are using QuickBooks Online or QuickBooks Desktop, and the specific type of payment or transfer being processed.
Here is a breakdown of the typical ACH fees:
| Service | Fee Amount |
|---|---|
| Client Payment by ACH (QuickBooks Online) | $1 |
| ACH Bank Transfer (QuickBooks Online) | 1% (max $10) |
| ACH Bank Transfer (QuickBooks Desktop - “Pay as you go” Plan) | $3 |
| ACH Bank Transfer (QuickBooks Desktop - “Pay monthly” Plan) | $3 |
QuickBooks Online ACH Fees
- Client Payment by ACH: When your clients pay you directly via ACH through QuickBooks Online, a flat fee of $1 is typically charged per transaction. This is a common way for businesses to accept direct bank transfers from their customers.
- ACH Bank Transfer: For other ACH bank transfers initiated within QuickBooks Online, such as making payments to vendors or transferring funds, the fee is 1% of the transaction amount, capped at a maximum of $10. This means if you transfer a large sum, your fee will not exceed $10.
QuickBooks Desktop ACH Fees
For users of QuickBooks Desktop, the fee structure for ACH bank transfers is simpler, often depending on your payment plan:
- “Pay as you go” Plan: If you are on a "Pay as you go" plan for QuickBooks Desktop, an ACH bank transfer will cost $3 per transaction.
- “Pay monthly” Plan: Similarly, for those on a “Pay monthly” plan with QuickBooks Desktop, the fee for an ACH bank transfer is also $3 per transaction.
Understanding these different fee structures helps businesses accurately account for the costs associated with electronic bank transfers within their QuickBooks environment.
