Created invoice for services rendered
Invoice was paid using credit card (Square)
Received payment on invoice, funds went into undeposited funds
Need to transfer funds into bank, adjusting for merchant service fees
Where is the adjustment made?
Go to Solution.
Let me help you record the merchant service fee.
We can add the service fee when we create the deposit. We'll need to make sure it is entered as a negative amount.
First, we'll need to create an account to associate all the service fees. Here's how:
Now, let's create a deposit for the payment and the service fee:
You can always visit us in the Community if you need anything else.
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