Payments

  • Batch Deposit Support Overview

    What is Batch Support? Batch Deposit Support is a method of grouping together payments in QuickBooks Online to help you account for processors who batch all payments for a day and deposit them in a lump sum into your bank account – making it hard to match individual order payments to this...
  • Transaction Fee Syncing

    When syncing payments to QuickBooks Online from WooCommerce, we support syncing transaction fees for any WooCommerce gateway that records them in the WooCommerce order. Stripe and PayPal are both well-known for doing an excellent job recording fees in the WooCommerce Order. Transaction Fees are normally synced to QuickBooks as a separate journal...
  • Batch Support for pre-existing orders

    Batch Support will only create a bank deposit for the current day’s sales, at the end of every business day – after you enable it for a gateway in Map > Payment Methods.  If you need to push old orders over to QuickBooks Online (aka any order placed in WooCommerce before...
  • Batch Deposit Support with Stripe

    Although our Batch Deposit support functionality works with any payment processor that batches your daily sales into one deposit and sends those in one deposit to your bank account a few days later, the most popular payment processor with our users is Stripe – so we have additional integration with...
  • Handling Transaction Fees with PayPal

    If you have PayPal enabled as a gateway in WooCommerce, you’ll have the option in our Map > Payment Methods > Advanced Options to enable transaction fee syncing, where we sync the transaction fee for the payment over to QuickBooks Online as a separate journal entry. You can read more about...
  • Handling non-immediate payment gateways (COD, Wire Transfer)

    When an order is placed in WooCommerce, most of the time it’s with a payment gateway like PayPal, Stripe – or a different 3rd party gateway where the payment must take place before the order is created. In cases like this, once the order is created, our integration will automatically...
  • Using a “holding account” in QuickBooks to manage credit card deposits + fees

    Typically, when dealing with credit card deposits/batches in QuickBooks, it’s common to use a separate QuickBooks account (like Undeposited Funds) to “hold” payments, and then “group” them in a Bank Deposit to move then into a QuickBooks checking account. MyWorks Sync can automatically handle this – as well as including...