Our church began on-line Tithing this last September..HELP!
Our church began taking on-line payments from our church website though Paytrace which deposits credit card payments into a separate checking account that was set up at the same time to collect the payments.
There was no process in place to reconcile these payments through Quickbooks, as a new Bank account was not added to QB. Also, the accumulative weekly amount of deposits was then tx to the main checking account and listed as a "Deposit" when it actually was a tx from one bank account to another.
The end result has been a nightmare including FORCED reconcilliations in QuickBooks so that the M.E. balances Even though the $ was not actually "Deposited" rather transffered, and in different months a few times.)
Is anyone else using a credit card 3rd party service with Quickbooks successfully? If so, can you explain the process?
Thanks so much!