How to Record Deposits with Fees in QuickBooks Online (Stripe, Square, etc.) скачать в хорошем качестве

How to Record Deposits with Fees in QuickBooks Online (Stripe, Square, etc.)

In this video, I walk you through how to record deposits in QuickBooks Online when fees are deducted before the money reaches your bank account. Whether you're using Stripe, Square, or another credit card processor, this step-by-step guide will help you accurately log income, fees, and deposits for clean and consistent bookkeeping. You'll learn: ▪️How to use the "Bank Deposit" screen in QuickBooks ▪️The difference between recording income via invoices, sales receipts, or manual entries ▪️How to subtract merchant fees for reconciliation with your bank statement ▪️A quick look at the transaction journal and Profit & Loss report to see the impact of these entries By following this method, you can ensure your QuickBooks records align perfectly with your bank statements, avoiding confusion and simplifying reconciliation. Watch now to streamline your bookkeeping process! Read the blog version with step-by-step instructions and screenshots at: https://www.gentlefrog.com/record-dep... 📌 If this tutorial helps you, don't forget to like, comment, and subscribe for more QuickBooks tips and tutorials! ☕ You can say "thanks" by buying me a coffee... https://www.buymeacoffee.com/gentlefrog Are you a small business owner struggling to make sense of your QuickBooks data? Sign up for my FREE Review Your QuickBooks Mini-course and learn how to keep your QuickBooks accurate, up-to-date, and free from costly errors: https://courses.gentlefrog.com/review... Schedule one-on-one training: https://www.gentlefrog.com/training Connect with Rachel on LinkedIn:   / rachelbarnett   ☎️ 206-910-1945 📧[email protected] Join Gentle Frog's Bookkeeping Lily Pad - Community Group:   / 1620775105117880   Check our reviews: https://www.gentlefrog.com/reviews/ Timestamps 00:00 - Intro 00:35 - Create a deposit 01:30 - Invoices, Sales Receipts & Deposits 02:20 - Record merchant fees 03:20 - Transaction journal 03:45 - Profit & Loss 04:26 - Why do this 05:03 - Outro #quickbooksonline #qbo #merchantfees This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Gentle Frog, LLC does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Gentle Frog, LLC does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.