Payment Statuses
There are 7 potential statuses of a Payment in Books:
- Bill is ready to be processed through Check Run
- Payment processed has been initiated and Bill waiting on Authorization by controller or other stakeholder
- Bill is authorized and ready to be pushed through payment processor
- Bill Information has been submitted to Checkbook.io and payment is being processed
- Payment sent to Vendor via emailed E-Check, posted Paper Check or digital ACH payment.
- E-Check, Paper Check or ACH payment failed to be received by Vendor
- Payment of Bill has been cancelled
Charge Per Transaction
- E-Check has a fee of $0.99/transaction.
- Paper Check has a fee of $1.49/transaction.
- ACH Payments have a fee of $0.49/transaction.
Other things to keep in mind
- E-Check is the fastest form of payment; vendor will have check delivered to inbox within 3-4 hours payment being authorized.
- If Bill has a status of Sent, you may attempt to cancel payment, however if the check is too far gone in processing checkbook.io will not be able to cancel payment. When this occurs, you will receive an error message in Books when attempting cancel.
- It is recommended that you reach out to your bank in the event of receiving a Failed status.
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