How does Terminal Payment Download work?
Once you have a QuickBooks Merchant Service for Terminals account, activate the download feature on your account using your QuickBooks software. To see how, click here. You’ll then be able to take advantage of the following features: Download the previous day’s sales as early as the morning of the next business day. Use the same QuickBooks form you use to enter transactions today. With Terminal Payment Download, you have the choice to download your terminal transactions as a sales receipt or a deposit. Each terminal transaction will be entered as a line item on the Sales Receipt or Deposit transaction. Along with the amount, details on each line will include the authorization code and time of transaction. Each sales receipt or deposit will typically represent one day of activity per card type. Download all credit and debit card processing fees or any other service-related fees such as monthly fees and chargeback fees.
Once you have a QuickBooks Merchant Service for Terminals account, activate the download feature on your account using your QuickBooks software. To see how, click here. You’ll then be able to take advantage of the following features: Download the previous day’s sales as early as the morning of the next business day. Use the same QuickBooks form you use to enter transactions today. With Terminal Payment Download, you have the choice to download your terminal transactions as a sales receipt or a deposit. Each terminal transaction will be entered as a line item on the Sales Receipt or Deposit transaction. Along with the amount, details on each line will include the authorization code and time of transaction. Each sales receipt or deposit will typically represent one day of activity per card type. Download all credit and debit card processing fees or any other service-related fees such as monthly fees and chargeback fees. The fees can be assigned to an expense account and they are automati
