Deposit Reconciliation - QuickBooks Online

How FlexPoint syncs deposits with QuickBooks Online

Understanding Your Deposits in FlexPoint

FlexPoint simplifies your accounting processes by automatically reconciling bank deposits with QuickBooks Online. This ensures your records remain accurate and up-to-date without any manual effort.

Key Benefits

Effortless Reconciliation

FlexPoint automatically matches bank deposits with invoices in QuickBooks Online. Invoices paid through FlexPoint are automatically marked as paid, reducing manual work and saving time.

Error-Free Automation

Manual actions—such as marking invoices as paid—can disrupt automation. FlexPoint ensures accuracy by syncing payments automatically.

Increased Efficiency

Automation saves time and improves accuracy, reducing manual data entry work and allowing your team to focus on more impactful tasks.

Frequently Asked Questions

Where will deposits come from?▶

You will receive deposits from "Paysafe Merchant".

I pass credit card fees to clients—why do I still see fees?▶

• The deposit shows the payment amount, not the invoice amount.
• Payment amounts include fees paid by your client, so they can be higher.

Why do I see a negative deposit?▶

• An ACH payment previously funded may have failed during settlement.
• The payment is automatically withdrawn from your account.

How do I know if a payment was deposited?▶

Click here to learn more!

I'm on Interchange+ pricing. Why do I see admin fees?▶

• Monthly account fee: $6 ($8.10 if a Mastercard payment was processed).
• Additional interchange/network fees not tied to specific invoices.

I'm on Customer Surcharge pricing. Why do I see admin fees?▶

• Includes monthly account fee ($6 or $8.10 if Mastercard processed).
• Can include returned ACH fees.

I'm integrated with QuickBooks. Where are FlexPoint fees routed?▶

A “LendARR fees” account is automatically created in QuickBooks.

You may map this as a sub-account to align with your chart of accounts.

Is there a minimum payout amount?▶

Yes—minimum payout is $10. Smaller payments accumulate until they reach $10.

How do I view deposit details?▶

Click here to learn more!

How do I resolve a failed deposit in QuickBooks Online?▶

Click here to learn more!