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Level 1

Recording credit card deposits

Ok so Im receiving pymts from cust on credit card(CC) say for 70.00 , it is now in undeposited funds.  If i deposit it for 70.00  it will not match when merchant services auto deposits.  How am I supposed to be doing all this cc stuff?

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Anonymous
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Recording credit card deposits

If your Merchant Service Provider takes your fees every day, then add a negative line item to the deposit after the payments for the fee amount.

 

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