Step 10: Setting Up Default Payment Information (QBO)

to use the payments feature in the {{companionapp}} , you must set up your vendors' banking information this is a simple, one time setup that can be easily updated directly within the app whenever necessary follow this guide to add, set up a default, and update your vendor's bank information add vendor banking information add a vendor's banking information directly in the companion app by following these steps select vendor on the companion app, navigate to dashboard > vendors select your desired vendor on the vendor's page, select the banking details subtab add bank account select add bank account to add your vendor's banking information add your vendor's country and currency and select continue to bank details fill out the rest of your vendor's banking information, then select save and finish confirm creation once you have completed filling out all the information, you should receive a confirmation message select ok, got it! set default payment information you can establish a default payment method for a vendor to avoid selecting one each time you make a payment navigate to a vendor's record and select the payment methods subtab select which default payment method you would like to use from the dropdown menu enable grouped bills make payments easier by grouping multiple bills for a single vendor into one payment run follow these steps to enable this feature go to the products sub tab select the toggle to enable this feature when processing multiple bills for this vendor, only one consolidated payment will be sent stop syncing vendor bills to prevent a vendor's bills from appearing in the {{companionapp}} while still allowing payments, adjust the setting on the profile subtab by enabling this toggle update vendor address the {{companionapp}} allows you to update vendor addresses be aware that the address you enter is the one used to mail checks, so ensure it is accurate this update is automatically synchronized, meaning the vendor record in your accounting software will also be updated