Are you more comfortable not with entering your merchant fees?
@512kjt6 ай бұрын
Yes, thank you!
@Lorgayle1 Жыл бұрын
I just watched your same video for QuickBooks Desktop. In the comments I saw someone asking about QBO, and you had already provided a link (which brought me here). This video was a lifesaver for me. Thank you .
@CandusKampfer Жыл бұрын
Hi @Lorgayle1, Glad it helped you. Have an amazing day! ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer
@DonnaJohnson-c6l6 күн бұрын
This video was very helpful! Thank you!
@CandusKampfer6 күн бұрын
Hi Donna, Thanks for reaching out. I'm so glad you found this tutorial helpful! If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus
@DonnaJohnson-c6l6 күн бұрын
@@CandusKampfer Yep! I already signed up for my first class and I'm looking forward to it. :)
@CandusKampfer5 күн бұрын
Hi Donna, That's awesome! I'm so happy to hear that you've already registered for our workshop 🤗 We can't wait to see you there. Have a great day, - Samantha, Team Candus
@christianmartin20Ай бұрын
Thank you! Very helpful!
@CandusKampferАй бұрын
Hi Christian, Thanks for reaching out. I'm so happy to hear that you've found our video helpful! If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus
@FoundMyBrave5 ай бұрын
Thank you for this! Such a helpful video and I love your personality to boot! It’s nice to have someone explain it in terms that make sense.
@CandusKampfer5 ай бұрын
Hi! Thanks for reaching out. I'm so glad you found our video helpful 🤗 If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. You can learn more here: ConfidencewithQuickBooks.com Have a great day, Samantha, Team Candus
@TheWilders Жыл бұрын
I usually match with the bank deposit then use the "resolve" button to make the adjustment.
@dkwoodard3779 Жыл бұрын
Do you have a video that shows how to enter payment when the merchant fee is added to the customer invoice but it was higher than the square fee taken out?
@CandusKampfer Жыл бұрын
Hello, Sorry, we don't currently have a video on this. I will add your question to the list Candus uses to create new QuickBooks tips each month. The best possible way for you to receive support from Candus is to register for and attend her workshop. Here is the link to register to attend: canduskampfer.com/workshop Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer
@user-ey3lz1cs7w6 ай бұрын
Super helpful for what I needed help with!
@CandusKampfer6 ай бұрын
Hi, I'm so glad you found our video helpful! If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus
@andreahaldeman8157 Жыл бұрын
Thank you so much for clearing that up!! It helped tremendously!!
@CandusKampfer Жыл бұрын
Yay! Glad it helped you, Andrea. 😊 If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have an amazing day! Elaine ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/
@danieljackson31254 ай бұрын
Really helpful, thank you!
@CandusKampfer3 ай бұрын
Hi Daniel, Thanks for reaching out. I'm so happy you found this video helpful 😊 If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus
@caseymoore68678 ай бұрын
THANK YOU!
@CandusKampfer7 ай бұрын
Hi Casey, I'm so glad you found this video helpful 🥳 Have a great day, Samantha, Team Candus
@theAmandaShay4 ай бұрын
Hello @CandusKampfer, My first month without my bookkeeper. I followed the very detailed video; thank you! However, QB automatically marked the invoice as paid in full and does not appear in the receive payment section. How can I capture the Bank Fee Expense?
@CandusKampfer4 ай бұрын
Hi Amanda, Thanks for reaching out. Woo hoo! I'm so glad you found this video helpful 🤗 If the fee comes out of the daily deposits vs a monthly fee, you do it in the deposit. If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus
@matthewbeaudoin209610 ай бұрын
Hi Candies. I accept deposits through Venmo and they charge a fee. I have been accepting the payments through the bank download. It already takes out for the fees. I think I have to input each one with the negative number for the merchant fee. does this mean that my revenue will increase, because what is downloading is not true amount that I am charging?
@lenalzheng5 ай бұрын
What would you do if the merchant fee appears in bank statements as its own separate transaction? Every time I try to categorize it, it categorizes it as a cheque.
@CandusKampfer5 ай бұрын
Hi, Thanks for reaching out. Enter it in manually through an expense or in the bank feed. It will go against merchant fees (or whatever you want to use). If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus
@nurozkent251128 күн бұрын
how can I record payment to vendor with merchant fees, which were passed on to supplier?
@CandusKampfer28 күн бұрын
Hi, Thank you for watching our video. If you're interested in more in-depth training on how to record your payments to a vendor with merchant fees, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus
@melindasmith2169 Жыл бұрын
I'm an independent hairdresser and on a cash basis accounting system. I enter all my daily transactions into a memorized journal entry daily. This was set up by a CPA years ago when I had a bigger salon. I now work from home, so I've been trying to handle all the accounting by myself and not doing as good of a job as I'd like. One of my struggles is with the merchant information and reconciling the merchant account. I've looked back at how the CPA was closing the account out every month, but not understanding it all. I know how to reconcile my bank statement and credit card statements, but I struggle with how to handle the statement from my merchant account. Is there a video on this anywhere on youtube or on your website?
@CandusKampfer Жыл бұрын
Hi Melinda, The problem may be that the merchant deposits do not match the actual bank deposits? This can happen if you're not "depositing" the same amounts in QB as what the merchant is. If you are using sales receipts/invoices to accept payments, you can deposit them into Undeposited Funds and then checkmark all of the payments in the deposit screen minus the merchant fee into the bank account at the same time to match what was actually deposited. Then reconciling should be a breeze. Here is a video on Undeposited Funds that may help: kzbin.info/www/bejne/mXzQY42XebF2bq8 Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer
@JBoice4617 Жыл бұрын
omg! your awesome.
@CandusKampfer Жыл бұрын
Hi @JBoice4617, Oh my gosh, thank you so much! We love hearing this. 🙏🏻 If you haven't already joined our weekly QB Tips & Tricks, click here to join, and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have an amazing day! ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer
@globalcellulars59113 ай бұрын
Hello Candus, I have been looking for a solution for a different problem i am facing In my store i accept utility payments for customers like power bill, phone bill and water bill. I use a website to process the payments and on my QuickBooks i cannot record it properly as it shows as 100% profit. Is there a way to make an item that isn't inventory nor service but based on percentage? Thank you
@CandusKampfer3 ай бұрын
Hi, Thank you for watching our video. If you're interested in more in-depth training on how to handle this, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus
@tammybeaudry34359 ай бұрын
What if my fees are taken out of my bank account in a separate transaction?
@CandusKampfer9 ай бұрын
Hi Tammy, Thank you for reaching out. You would need to do them individually. If you'd like additional support, you can check out our Customizing QuickBooks workshop here: CandusKampfer.com/workshop Have a great day, Samantha Team Candus
@joanngonzales50232 ай бұрын
What if I charged my customer the fees? How do I record that?
@CandusKampfer2 ай бұрын
Hi Joann, Thank you for watching our video. If you're interested in more in-depth training on how to record your fees when you charge your customer, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus
@user-lt9hp4nb4t Жыл бұрын
Is there any way to do this from a deposit versus an invoice? I don't use the invoice feature in Quickbooks. Thanks!
@CandusKampfer Жыл бұрын
Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have a great day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/
@tabethaderryberry3141 Жыл бұрын
I would LOVE this information as well! Is this addressed any where yet?
@JennieTMiller7 ай бұрын
I found your video super helpful! I now know what I was missing when doing my books for my merchants that have fees. I do have a quick question. When I am creating my bank deposit and splitting between the merchant fees and undeposited funds. Would I also split out the sales tax that the customer paid with the purchase?
@JennieTMiller7 ай бұрын
Actually now that I am thinking about it, the Sales Receipt already has Sales Tax Payable. Clearing it would be when I pay the Sales taxes to the State right?
@CandusKampfer7 ай бұрын
Hi Jennie, Yes, that's perfect! If you'd like to learn more about how to customize QuickBooks to your business, you learn more here: ConfidencewithQuickBooks.com Have a great day, Sam, Team Candus
@user-hd1pt8oc9t Жыл бұрын
Hi @Candus Kampfer Can yio please help me to record a Merchant Fee Income (Charge to Customer) correctly?
@CandusKampfer Жыл бұрын
Hi @user-hd1pt8oc9t, Thank you for watching our videos 😊 The best possible way for you to receive support from Candus is to register for and attend her workshop. Here is the link to register to attend: canduskampfer.com/workshop Have a great day! ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer
@loralifine5036 Жыл бұрын
This video was super helpful!! But, now I'm having trouble getting the manual deposit we to match with the square deposit. I originally didn't have the Square processing fees on the customer invoice but it wouldn't match. So I tried adding the Square processing fee to the customer invoice then doing the process you showed in the video and it seems to have worked. However, im concerned about having the Square processing fees on the customer invoice and having the Square merchant fees on the bank deposit. Is it an issue to have the fees in both places?
@CandusKampfer Жыл бұрын
Thank you for watching our videos 😊 The best possible way for you to receive support from Candus is to register for and attend her workshop. Here is the link to register to attend: canduskampfer.com/workshop Have a great day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer