Does Zelle Work With QuickBooks? [ Indirect Methods] (2024)

No, there is no direct integration between Zelle and quickbooks. However, there are some workaround ways to permit transactions between Zelle and quickbooks in which we will discuss this article.

Zelle is an application designed to facilitate transactions between two U.S banks having physical locations. Zelle users can send and receive money from one bank account to the other at any time, so long as these bank accounts are link to Zelle.

Although Zelle work directly with physical banks, it works indirect with online banks like Cash app, PayPal, Venmo, and Chime. The only online bank that has a direct integration with Zelle is Varo.

QuickBooks are accounting software that help small and medium size businesses to better manage their finances. If you are a quickbook user and wondering if you can use Zelle with your quickbook, then this article is for you.

In this article, you will learn how to use Zelle with Quickbooks and also have a detail understanding about Quickbooks.

Does Zelle Work With QuickBooks?

Zelle does not directly integrate with QuickBooks. However, there are a few workarounds that you can use to record Zelle transactions in QuickBooks.

• Manually enter Zelle transactions as deposits. You can manually enter Zelle transactions as deposits in QuickBooks. To do this, go to the Banking tab and click on the For Review tab. Then, click on the New button and select Deposit. Enter the date, amount, and account for the Zelle transaction.
• Use a third-party app. There are a few third-party apps that can help you integrate Zelle with QuickBooks. These apps typically work by importing your Zelle transactions into QuickBooks.
• Use a payment processor that integrates with both Zelle and QuickBooks. There are a few payment processors that integrate with both Zelle and QuickBooks. These processors can automatically record Zelle transactions in QuickBooks.

If you are unsure of which method to use, you can consult with a QuickBooks accountant or bookkeeper. They can help you choose the best method for your business.

How do I record Zelle payments in QuickBooks?

To record Zelle payments in QuickBooks, you can follow these steps:

1. Go to the Banking tab.
2. Click on the For Review tab.
3. Find the Zelle transaction.
4. Click on the Categorize radio button.
5. Select the correct Category (account) and other details.
6. Click Add.

The Zelle transaction will now be recorded in QuickBooks.

If you want to create a rule to automatically categorize Zelle transactions, you can follow these steps:

1. Go to the Banking tab.
2. Click on the Rules tab.
3. Click on the New Rule button.
4. Enter a name for the rule.
5. Select the Transaction Type as Transfer.
6. Select the Account as the account that receives Zelle payments.
7. Click on the Add Filter button.
8. Select the Memo field.
9. Enter the word Zelle in the Contains field.
10. Click on the OK button.
11. Click on the Save button.

The rule will now be applied to all future Zelle transactions.

What payment apps work with QuickBooks?

There are many payment apps that work with QuickBooks. Some of the most popular ones include:

• PayPal: PayPal is a widely used payment processor that allows you to accept payments from customers online and in person. QuickBooks Online users can easily integrate their PayPal account with QuickBooks to automatically import sales data.
• Square: Square is a popular point-of-sale (POS) system that allows you to accept credit card payments. QuickBooks Online users can integrate their Square account with QuickBooks to automatically import sales data.
• Stripe: Stripe is another popular payment processor that allows you to accept payments online and in person. QuickBooks Online users can integrate their Stripe account with QuickBooks to automatically import sales data.
• Intuit Merchant Services: Intuit Merchant Services is a payment processing solution offered by Intuit, the maker of QuickBooks. QuickBooks Online users can easily integrate their Intuit Merchant Services account with QuickBooks to automatically import sales data.
• Bill.com: Bill.com is a bill payment and payment processing solution that allows you to pay bills and accept payments online. QuickBooks Online users can integrate their Bill.com account with QuickBooks to automatically import bill and payment data.

In addition to these popular payment apps, there are many other payment apps that work with QuickBooks. You can find a list of all compatible payment apps in the QuickBooks App Store.

Conclusion

Zelle payment can not be monitored directly on Quickbooks. However, you can manually enter zelle transactions on Quickbooks or ask a third-party service provider like PayPal, for help.