So apparently the entire year, whenever I used Square, it was transferring my money to the wrong bank. Any time I used the POS system at a market, it was sending it to my checking account and not my savings. I didn't notice for a while and it messed me up big time with my funds!
My question is, can I get some insight on how this got so screwed up, and how I can avoid doing it in the future? Where are all the settings located that I need to go through in order to make sure my money gets transferred to the right bank?
I already just went to the Transfers tab and added the correct bank. Strangely, it didn't have any bank linked at all, so I have money pending from that as well? So why did that money not transfer to my checking like the other money did, because it was via an online sale and not from the POS?
My only guess is that I had "instant transfers" selected somehow (don't remember doing it but it's possible) and that it was automatically transferring to my debit card and not my savings. So perhaps now that I've added the savings and set a transfer schedule, it will be fixed? I also have another website hooked up to Square through this account, but surely that isn't affecting what happens to the transfers?
There seems to be a separation between sales made in person and sales made online. It's a bit confusing, so I want to make sure I'm covering all my bases, and never transferring money to the wrong account again.
