My dashboard says imade x amount of money however it only deposited a lesser amont into my business

 My dashboard says i made x amount of money however it only deposited a lesser amont into my business account 

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Square Champion

Hi @Saucybbq661.  Square card processing fees are deducted from your gross sales before the deposit is made. Also if your gross sales included any cash sales, the cash amount will also not be on the deposit. 

Chip A.
Square Expert & Innovator and member of the Square Champions group. (But NOT a Square employee, just a seller like you)

Was my post helpful? Take a moment to mark it as a solution. Marked solutions help other sellers find possible resolutions to similar problems. Also, if you find your solution elsewhere (say, through Support), it is helpful to come back to your post and tell us about it, then mark that as a Solution. Solutions are what this Community is all about!
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Thank you. So is there a time period that I have to wait to receive the funds?

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Square Champion

@Saucybbq661.  You can transfer money from your Square account to your bank account anytime.  Just go to your dashboard, then Balance and click on the “Transfer Out” button.  If you do the 1-2 business day transfer, it’s free.  For instant transfer, there is a fee and you need to have a linked debit card.

 

Otherwise, your funds should automatically transfer according to your transfer schedule, usually it is initiated after your business is closed for the day and you receive it in 1-2 business days.  See this Help Article for more information.

 

Just remember that transfers happen in business days, not calendar days.  If you initiate a transfer on Friday, it won’t show up in your bank until Monday or Tuesday, since Saturday and Sunday aren’t business days in the world of banking.  LOL

 

Let me know if you have any other questions.

Chip A.
Square Expert & Innovator and member of the Square Champions group. (But NOT a Square employee, just a seller like you)

Was my post helpful? Take a moment to mark it as a solution. Marked solutions help other sellers find possible resolutions to similar problems. Also, if you find your solution elsewhere (say, through Support), it is helpful to come back to your post and tell us about it, then mark that as a Solution. Solutions are what this Community is all about!
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