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Autobooks FAQs

What is Autobooks?

Autobooks is a tool within Online Banking that allows small business owners to automatically perform accounting tasks, send invoices, and accept payments online.

Do I have to download new software to use Autobooks?

Nope! Autobooks is accessible within GSB’s Online Banking. To get started, just have an authorized signer on the account send us a message within Online Banking to request access to Autobooks.

What does it cost to use Autobooks?

Gorham Savings Bank business customers will get the first 12 months at no cost. So give it a try and see what you think! After that, its just $10 per month going forward.

How is this different from QuickBooks?

Autobooks is connected to Online Banking for auto-reconciliation. Additionally, you can send invoices and accept payments within Autobooks and they’ll settle directly into your GSB checking account. Autobooks automatically logs each invoice sent and payment received, updating your books in real-time with all activity, saving you hours each week.

Can I use Autobooks to accept payments online?

Yes! Simply create a customer profile within Autobooks by adding the customer’s email, then generate an invoice. When you select that customer as the recipient, they will be sent an email with a link to the invoice. If your business is payment enabled within Autobooks, your customer can click that link and pay online with a credit card, debit card, or even bank transfer.

There is a 2.89% transaction fee to accept all major credit and debit cards. You can also accept ACH transactions for a 1.99% fee ($5 maximum). Mailed in checks can also be processed automatically for a 1.99% transaction fee ($5 maximum).

Can I see a demo?

Absolutely! Schedule a personal, one-on-one demo to learn how you can run your business more efficiently with Autobooks.

How do I sign-up?

Have an authorized signer send us a message in Online Banking to request access to Autobooks, and let us know which business account you’d like to enroll. Once you have access, go to the Tools menu in Online Banking and select Autobooks. Follow the prompts to complete the enrollment process. Once you’re fully enrolled, schedule a demo. An Autobooks rep will walk you through the on-boarding process and answer any questions you have.