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June 15, 2023
Question

Can I record third-party merchant services deposits?

  • June 15, 2023
  • 1 reply
  • 0 views
I use Square and I have received my first deposit. How do I record this correctly, especially the tax bits?

1 reply

June 15, 2023

Hi there, 

 

Welcome to the Community. QuickBooks is an easy-to-navigate program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

 

In order to accurately record your transactions, I highly recommend consulting an accounting specialist for expert suggestions. This ensures your books remain accurate while you continue to manage your work with peace of mind. You can also get in touch with a professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

 

Let me know if this info helps. Otherwise, feel free to ask questions in the comments below.