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Negative Merchant Service Deposits

For someone else
Alicia Katz Pollock
For someone else

Learn how to handle negative merchant service deposits.

Negative Merchant Service Deposits Course Description

Sometimes your refunds are more than your credit card sales for the day. QuickBooks Online doesn't allow you to make Deposits if the total is negative. Here's what to do when merchant services takes money out of your checking account instead of putting money in!

If you would like to learn more about Bookkeeping's Tricky Situations, please click here.

What You’ll Learn:

  • How to handle negative merchant service deposits

Instructional Level

Beginner to Intermediate

Course Length

.25 hour

Course Credits

.25 CPE, Certificate of Completion

Field of Study


Delivery Method

QAS/Self Study

Suggested Prerequisites

    Who should take this class?

    • Business owners and employees hoping to gain deeper knowledge of how to perform common business transactions in their software
    • Bookkeepers and Accountants who wish to brush up on their skills

    Other learners purchased these courses after completing this class:  




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      Royalwise is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:


      Course Updated: December 2021

      Here is the course outline:

      1. How to Handle Negative Merchant Service Deposits

      Watch this video to learn how! Be sure to use the forum and please leave a review and rating. Share this video if you found it helpful.

      Negative Merchant Service Deposits
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