How can I submit a invoice or estimate that is over $50,000 ?

[Fordk9llc]

I am creating a estimate for a client and the amount is $96,0000 I need to keep it as 1 estimate and not break it up into multiples.  What can I do?

[ashc]

Hi @Fordk9llc and welcome to the Community.

There isn't a way to accept a transaction over our 50K limit in one transaction. 

[ElijahC]

That is not an acceptable answer, need a solution. Please advise on how to run contracts over 50K with square. It’s not practical to have 2 different processing systems for the same line of business with various contract amounts.

[AshleyK]

All Square merchants have a per transaction limit of $50,000. Like card-present transactions, Square doesn’t have transfer limits for card-not-present transactions. Funds are typically transferred the next business day.

If you plan to accept payments of more than $50,000, you’ll need to split the payment into multiple installments. Make sure to note the installment number and total in the payment receipts for your records.

Please note, in order to ensure a secure purchasing environment, we may periodically reach out to customers for additional information. Review our merchant protection guidelines and tips for safely accepting payment cards.

[CESinc]

I think the part you are missing is: Estimates can be $50k or more but your system doesn't allow for a single transaction to paid of more than $50k...

But the questions still remains is how to send an estimate for more than $50k....as I get this error:

"Package total must be between $1.00 and $50,000.00"

[CESinc]

Is anyone able to figure out how to send an estimate for multiple services but total for more than $50k.

[Candlestore]

@CESinc ;

Since Square is more so a Credit Card Processor, you may need to use your accounting software, such as QuickBooks to send an Estimate or a work around would be to send out an Estimate - Download an Estimate Document in any of your Word Processing programs that you use like (Word, Google Docs etc.)  Then send the ESTIMATE to your customer.  Make sure the Estimate has a Invoice Number on it.  Now when you get the job just remember that Square can only process up to $50.000 at a time for a Credit Card, so you payments and Bills may have to have 2-3 Credit Card Transactions. Now if you take Cash or a Certified Check for the payment of this transaction none of the $50,000 limit should be a factor From Square since it is not a Credit Card transaction.  

[ts4]

Have been fighting this same issue, We can't even create an estimate for 50K, not sure where these others can do so , I understand the 50k transaction limit  but my invoice or estimate should be able to be whatever dollar amount I chose and I can run payment as installments, This is so frustrating! I have talked to square and they opened a "ticket" . we will see

[sayra]

Hey @ts4, 

Welcome to our Seller Community! 

Square has a transaction limit of $50,000 therefore the system will not allow you to create an estimate for higher than this as estimates turn into invoices that will later be run as a charge. @Candlestore has the best answer when it comes to creating an invoice for over $50,000.

If our direct CS team has provided more details feel free to post them here for other to see.

Thank you. 

[Elite7atl4]

Thanks!!!! You are most definitely asking the right questions 

[SuncoastPS]

Square, instead of making two invoices Part 1 of 2 for 49k and Part 2of 2 for 12k how can I make a single invoice with different amounts charges it looks very sloppy to have 2 invoices and the clients get very confused