Little Square

There's more on
this topic at:

Lists: Payment methods

Payment methods categorize payments from your customers. For example "barter", "cash", "check", or "American Express." When you receive payments from your customers, you can select a payment method and then sort your deposits by payment method and create reports based on payment method.

Note: If you're using QuickBooks to process credit and debit card transactions, you must first set up your Merchant Service account. When you open an existing credit card payment method, the “Merchant Service enabled” checkbox is selected. This check box must be selected to process the card type for a customer payment.

If you process your customers' credit or debit cards using Intuit GoPayments or your Merchant Services Portal, the payment method "Intuit Payment Method" will be on the list and cannot be changed.

To add or edit a payment method:

  1. Choose Lists  >  Customer & Vendor Profile >  Payment Method.
  2. Add a new payment method or open an existing one.
  3. Enter the text for the payment method.
  4. (Optional) If you have Merchant Services activated to process credit and debit cards, you can turn this feature on or off by by checking or unchecking “Merchant Service enabled.” More info
  5. (Optional) To mark a payment method inactive, select the Inactive checkbox. More info
  6. (Add only) If you're adding a new payment method and want to add more, click Next.
  7. Click OK.

Learn more about what you can do on the Payment Method list.