If you’re an entrepreneur or freelancer then you understand how frustrating managing costs can be.Recording Melio Payments In Quickbooks… however much more aggravating than that is the absence of flexibility in the manner ins which you can pay emilio modifications the game by permitting small company owners to pay service expenses with a credit card even if that supplier does not accept them meaning you get to hang onto And make benefits for your business expenses milio also makes collecting payments exceptionally simple and civilized taking all of the awkwardness out of the procedure so you make money on time constantly hey my name is ryan and in this video we’re reviewing melio a totally free costs management service created to offer
services versatile methods to keep and pay track of organization costs all in one simple to use dashboard by the time you leave this video you’ll understand with confidence whether emilio is right for your organization as we’re first going to speak about what it is how it works by jumping into the website and taking a first-hand take a look at the features there then we’ll discuss who emilio is finest fit for and lastly we will discuss numerous frequently asked questions that you need to hear prior to signing up yourself so make sure to stick around through the whole video if you have an interest in signing up for emilio at any point during the video ensure to have a look at the
description and comment area listed below as you’ll find a link to register there emilio’s all-encompassing web platform is filled with features from the ability to schedule costs payments track a payment every step of the method to two-way information sync with quickbooks combination eliminating the need for dual information entry there are 2 choices for paying business expenses using emilio the first is through bank transfer and the 2nd is by means of credit card now the very best part is is that there’s no monthly or setup charges and there is no fee for paying by means of bank transfer so you can use melio for entirely totally free in fact there are just 3 ways that you could potentially pay a charge the very first is a 2.9 tax deductible cost for payment via charge card the 2nd is when you speed up a check payment and the third is for an international payment each for a 20 charge now among melio’s primary selling points is the capability to pay suppliers through credit card even when they do not accept them this features a number of benefits from maximizing your service’s cash flow to extending float as much as 45 days or your next billing cycle and to top it off earn credit card rewards on all of your business expenses furthermore melio offers complete develop journey information so if you send out
a payment request to a consumer you can see when the receiver in fact opens that demand the payment method they select when they’ve initiated the payment and payment completion status you can track any invoice till you make money the very best part is melio doesn’t need your supplier or organization consumer to be a user of the service so you can still make and get payments your way leaping over to emiliopayments.com after registering you’ll arrive on the pay tab this is where you’ll go to create include track the status or edit of a costs it’s truly simple to add a bill let’s go on and click add your very first costs payment and you’ll see that there are three alternatives for adding a costs the very first one is getting in info manually second is you can submit an existing costs file in this case emilio will scan that file for required information and the 3rd one is to connect your quickbooks account to melio in this case all of your existing bills within quickbooks will immediately sync into your melio dashboard without any additional effort and when you do pay off those costs that will immediately sync back to quickbooks so you do not have to stress over dual data entry next let’s briefly go over the get paid tab this is where you’ll go to handle whatever related to payments including unsend payments sent in progress and finished payments so let’s go ahead and click start getting paid and emilio will prompt you to create a tailored payment
button which can be used by all of your clients to make payments online directly to you this is a truly cool function because you can execute this in your email signatures or on your website another great function about emilio is that your business consumers can pay to you through charge card once you’ve included your savings account and established your tailored payment button you can pass that 2.9 credit card cost onto them or if you wish to offer higher flexibility for them you can choose to absorb that 2.9 cost you can then include an invoice by linking your accounting software application you can submit one or include one manually or lastly you can share your meliopay button so your consumers can include invoice details themselves after creating or adding an invoice you can see specific analytics