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Partial Payment - when do we get paid

If we take a Partial Payment where client pays with Credit Card, when does the money get deposited?  Is a charge for a Partial Payment treated any differently than a normal Credit Card transaction?

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@wandawen It sounds like your referring to the new Request Deposit feature of Square Invoices? When a client pays a deposit the funds will be available in your Square account right away, and deposited according to your deposit schedule (either next day/scheduled/instant). 

 

Keep in mind that reporting is a bit different with this feature and deposits won't appear in your reports — only when the invoice is paid in full will it appear in your sales/transaction history. There's more information about Sales and Reporting in the Support Center. I hope this is helpful! 

️ Helen
Seller Community Manager

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Admin

Best Answer

@wandawen It sounds like your referring to the new Request Deposit feature of Square Invoices? When a client pays a deposit the funds will be available in your Square account right away, and deposited according to your deposit schedule (either next day/scheduled/instant). 

 

Keep in mind that reporting is a bit different with this feature and deposits won't appear in your reports — only when the invoice is paid in full will it appear in your sales/transaction history. There's more information about Sales and Reporting in the Support Center. I hope this is helpful! 

️ Helen
Seller Community Manager

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I have a customer who made a partial payment for materials, but they payment hasn’t showed up. It says she’s paid but my a balance does not reflect it

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Square Community Moderator

Hi @Jhawkinsjr92 and welcome to the Community.

 

I moved your post to a thread where this question has been brought up/discussed on how partial payment reporting works.

Check out the Best Answer above for details. 

 

In the future, don't hesitate to search your question first here or on the Support Center for your quickest answer too!

Ashley C
Community Moderator, Square
Sign in and click Mark as Best Answer if my reply answers your question.
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