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Our Founders Website -> Locate A Certified Roof Cleaner | Roof Cleaning Institute Of America -> General Public Discussion -> To those that use Square Up and Quickbooks. Accepting Credit Cards...
Post Info TOPIC: To those that use Square Up and Quickbooks. Accepting Credit Cards...
Roof Cleaning Severna Park MD


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To those that use Square Up and Quickbooks. Accepting Credit Cards...
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All,

Square Up takes 2.75% of each swiped transaction and I got to use it finally last week, 3 times. They took up almost $50.00 of my money in fees. Now, the other problem is that they take it right off the top and now my deposits are mismatched from my invoicing in Quickbooks.


Anyone know how to remedy this issue other than minusing 2.75% from the invoice to make them match? Surely, this transaction fee can be deducted at tax time, so adjusting my invoice is something I don't really want to do?

 

Thanks for any help or tips.

 

Phil



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Extreme Cleaning Solutions (410) 980-1053
Phil Rogers
Click Here to View Our Website
Click Here for an Instant Quote
Roof Cleaning and Pressure Washing in Anne Arundel County, and Howard County, Maryland
Arkansas Roof Cleaning (501) 681 3355


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I wouldn't adjust the invoice...
You should receive a monthly statement from SquareUp and it should balance
with your receipts/expenses in the books monthly.

If they paid you 100.00 cash...you bought 10.00 in gas you'd have a 90.00 deposit
and a 10.00 expense...
hope this "heps you "


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Arkansas Roof & House Cleaning Little Rock

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Chris Kaeppel -501 681-4447
Al Williams    -501 681-3355
Roof Cleaning Severna Park MD


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I understand that, but what I am saying is that they don't send me a bill at the end of the month. They are skimping what I owe them right from the amount charged. So, I bill $566 and they take $16 and I am left with $550 that they deposit to my account, hence my mix up. I am not a Quickbooks whiz, which is why I am confused on what to do with this. I just signed up for Intuits Card Reader because they say they bill at the end of the month, this will take care of this issue.

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Extreme Cleaning Solutions (410) 980-1053
Phil Rogers
Click Here to View Our Website
Click Here for an Instant Quote
Roof Cleaning and Pressure Washing in Anne Arundel County, and Howard County, Maryland
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