Managing IPN in QB

As a small business you can manage your Intuit PaymentNetwork options in QuickBooks 2010 or QuickBooks 2011 in the following ways:

1) For a specific invoice:

On the ‘Create Invoice’ screen in QuickBooks, you can check/uncheck the IPN payment option per invoice. Doing this will add/remove the IPN link on that specific invoice.

2) For ALL invoices:

As an ‘Administrator’ you can manage your IPN option for all printed or emailed invoices by going to your Edit –> Preferences –> Payments –> Company Preferences tab.

The default is IPN ON for emailed invoices. You can turn IPN ON for printed invoices by selecting the checkbox next to the print option.

Statements:

Currently IPN is not offered on QuickBooks statements.

Reconciliation:

For reconciliation, you have to use SYNC Manager. Instructions can be found by logging into http://ipn.intuit.com with your IPN account and clicking on the QuickBooks payments option on the left side of the screen.

Note: Reconciliation with QB marks the invoice as paid and displays the payment received as undeposited funds. Recording the deposit and the IPN fees to your financial institution has to be done manually.