Improved Bill Payments & And More

We are thrilled to announce some exciting new features and updates to Truss that will enhance your banking and payments experience. Here’s what’s new:

1) Partial Bill Payments

We understand the need for flexibility in managing bill payments. With our new partial bill payment feature, you can now:

• Make progress payments on bills by paying them partially.
• Pay bills using different payment methods (e.g., part via Direct Deposit, part via check).
• Easily track outstanding and paid balances as all payments associated with a bill will be shown on the bill itself.
• Easily review & approve draft payments created by bookkeepers or project manager.

Note: The partial bill payments feature is not designed for automatic, recurring payments. Each partial payment needs to be initiated individually.

2) Mark Bills as Paid

You now have the ability to mark a bill as paid, even if you’ve used a payment method outside of Truss. This feature allows you to:

• Specify and document how the bill was paid, providing a comprehensive record of your payments.

3) Imported QuickBooks Bills

To streamline your workflow, we’ve made an update to how QuickBooks bills are imported:

• Imported bills now go into an "Unpaid" state rather than a "Pending approval" state.
• Admin users can then create a payment on the bill to be sent to the vendor. Bookkeepers and Project Managers can create draft payments that will move the bill into the “Pending approval” state and notify the admin to approve and send.
• If you want to re-open a previously paid Quickbooks bill to send additional payments, you can update the bill in Quickbooks and manually ‘Resync’ the bill in Truss to move the bills status from “Paid” to “Partially paid.”

4) Updated QuickBooks Invoices

We’ve also made improvements to how QuickBooks invoices are updated in Truss:

• When you want to collect additional payments on a Quickbooks invoice that was previously paid in Truss, all you have to do is update the invoice in Quickbooks and it will automatically change the invoice status in Truss from "Paid" to "Partially paid."
• This makes it easier for clients who use progress payments with a single invoice that changes over time, ensuring accurate tracking of payments and outstanding balances.

5) New Partnerships on the Marketplace

We are excited to introduce two new partners to our marketplace:

• RenoFi offers home renovation loans up to $500,000 without the need for refinancing, draws, or inspections. Access RenoFi Loans for free through the 'Rewards' page on your Truss dashboard.
• Drillbit provides hands-off office work for home service businesses using AI employees. Get 50% off platform fees for 3 months plus 3 full-time AI employees at no extra cost when you mention Truss during your demo call.

Updated Privacy Policy

We have updated our privacy policy to provide more control over your data by including an additional link to opt out of third party marketing services. You can find the updated version on our website.

We hope you find these new features valuable and that they enhance your overall experience with Truss.

If you have any questions or feedback, please do not hesitate to reach out to our support team.