When I post a payment as ‘other’ in invoices, does that report on my end of the year sales report.

[SAlimo]

We have a Limo business and I want to clarify I am not going to be ‘double taxed’.  When a client pays the deposit online by the invoice but pays the driver by swipe (I.e. $400) and I close out the invoice for the balance (I.e. $400) by marking ‘other’ payment, Will both payments be reflected in my end of the year sales report (as if I collected $400 twice)?

[AshleyK]

Hey there! You will not be double taxed if your client pays the deposit through the invoice and then you mark the invoice as paid through Point of Sale. The steps are below:

1. Navigate to your online Square Dashboard.
2. Select an Invoice.
3. Click More > Mark as Paid.
4. Select the payment type. If you processed your client’s payment with the Square app or Virtual Terminal, select Square Point of Sale to prevent duplicate reporting.
5. Click Confirm.

If you collect a deposit from a seller, the tax is included in the invoice total, so your taxes will not be duplicated. I hope this helps!!