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Recording Deposit Account & Fees in QuickBooks

Automatically reconcile your deposit and payment processor fees into QuickBooks.

Written by Fred Pape

Who this is for: SynkedUP users on SynkedUP Payments who are integrated with QuickBooks.

What it does: Automatically reconciles your deposit fees and payment processor fees into QuickBooks, so your bookkeeper doesn't have to do it by hand.

How to set it up

  1. Go to your Invoicing Settings.

  2. If your QuickBooks account is already connected, you'll see a new reconciliation section.

  3. Choose the merchant account from QuickBooks you want to use for deposit fees.

  4. Choose the merchant account from QuickBooks you want to use for payment processor fees.

  5. Save your selections.

That's it. From now on, SynkedUP automatically reconciles those fees into the accounts you picked—no manual entry needed.

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