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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! Go to Solution.
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.
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.
Charles,
Thank you so much for your quick reply!
Dawn
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.
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