Can you take deposits for a future event?

[The title of this post has been edited by a moderator.]

 

Is there an option to take deposits in Square POS for future events? So essentially you would enter in an amount swipe the card but NOT have that sales total included in the sales that day since it’s simply a deposit for future goods?

1,401 Views
Message 1 of 2
Report
1 Solution
Square Champion

Solution

We accomplish this by using gift cards for deposits.  We keep the gift card with the event paperwork.   Then when the event happens, we ring up the total for the event and swipe the gift card for the deposit portion payment and then collect the remaining balance from the customer.  We have been doing this for several years and it works perfectly.  The gift card deposit doesn't tally into the day's revenue totals since it is a gift card.  You could even do it with egift cards if you don't want to invest in the plastic ones.

~Cheryl!

Square Champion

Sign in and click Mark as Best Answer if my reply answers your question!


Cheryl! Tisland
Burst Of Butterflies Create & Paint Studio

BurstOfButterflies.com

View Solution >

1,352 Views
Message 2 of 2
Report
1 REPLY 1
Square Champion

Solution

We accomplish this by using gift cards for deposits.  We keep the gift card with the event paperwork.   Then when the event happens, we ring up the total for the event and swipe the gift card for the deposit portion payment and then collect the remaining balance from the customer.  We have been doing this for several years and it works perfectly.  The gift card deposit doesn't tally into the day's revenue totals since it is a gift card.  You could even do it with egift cards if you don't want to invest in the plastic ones.

~Cheryl!

Square Champion

Sign in and click Mark as Best Answer if my reply answers your question!


Cheryl! Tisland
Burst Of Butterflies Create & Paint Studio

BurstOfButterflies.com
1,353 Views
Message 2 of 2
Report