United States United Kingdom Australia Canada (English) Canada (French) France Singapore South Africa Global Ireland
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
DigitalDawn
Level 1
posted
‎June 05, 2022 09:50 AM
last updated ‎June 05, 2022 9:50 AM

Merchant Charges over a Weekend

I'm using Go-Payment Merchant Services and I wanted to know if multiple transactions over a weekend were all added together and paid on Monday.

 

For example, if a customer named John Doe makes a payment for $1000 on Saturday, and then Linda Smith makes a payment on Sunday for $500, are these send to my bank as a payment of $1500 on Monday (the enxt business day), or as separate transactions of $1000 and $500 on Monday?

I prefer separate transactions for accounting purposes with Quicken Home and Business.

Solved
Reply Join the conversation
Best answer June 05, 2022
Solved

Best Answers
Charies_M
Moderator
Moderator
‎June 05, 2022 12:38 PM

Merchant Charges over a Weekend

Hi there, DigitalDawn.

 

I can give an answer to your question about how multiple transactions are reflected in your bank.

 

Based on your sample scenario, John Doe and Linda Smith made a payment on a different day. Since these are separate transactions made on different days, these transactions will show as separate in your bank.

 

You might be interested in reading more about merchant processing through this article: Intuit Payments Acceptable Use Policy.

 

Check out these articles to find answers about QuickBooks Payments:

Be sure to drop me a reply if you have additional questions while managing payments. I'd be more than happy to help. Stay safe and have a good one.

View solution in original post

Reply Join the conversation
3 Comments 3
Charies_M
Moderator
Moderator
‎June 05, 2022 12:38 PM

Merchant Charges over a Weekend

Hi there, DigitalDawn.

 

I can give an answer to your question about how multiple transactions are reflected in your bank.

 

Based on your sample scenario, John Doe and Linda Smith made a payment on a different day. Since these are separate transactions made on different days, these transactions will show as separate in your bank.

 

You might be interested in reading more about merchant processing through this article: Intuit Payments Acceptable Use Policy.

 

Check out these articles to find answers about QuickBooks Payments:

Be sure to drop me a reply if you have additional questions while managing payments. I'd be more than happy to help. Stay safe and have a good one.

Reply Join the conversation
DigitalDawn
Level 1
‎June 05, 2022 02:02 PM

Merchant Charges over a Weekend

Charles,

 

Thank you so much for your quick reply!

 

Dawn

Reply Join the conversation
CharleneMaeF
QuickBooks Team
QuickBooks Team
‎June 05, 2022 02:21 PM

Merchant Charges over a Weekend

Hi DigitalDawn, 

 

Glad to know our colleague answered your inquiry about Merchant charges over the weekend. 

 

If you have additional questions or concerns, please let us know. We'll help you out.

Reply Join the conversation
Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.
Featured
How Having a Business Bank Account Can Help Your Business Grow
(view in My Videos) Resources: How Can A Business Bank Account Help Your Sm...
Read more
Productivity Boosts: Using Keyboard Shortcuts in Quickbooks Online
Did you know that you can navigate QuickBooks Online faster using keyboard ...
Read more
Top 5 Questions- Invoicing
Happy August QuickBooks Community! Do you have questions concerning invoice...
Read more

Need to get in touch?

Contact us