How to set up your Square Credit Card Processing account and keep track of invoices and payments
In order to recover your credit card costs in your rental pricing, you need to understand the true cost of accepting credit cards. In this story, I'll explain how to determine the true cost of the credit card fee relative to your rental rate and how to set your rental rate at a value that will allow you to receive the rental take-rate you desire to cover these credit card costs.
Whether you are sending email invoices through Square or receiving payment through Houfy using the Square's eCommerce integration, all transactions will be visible from your Square account dashboard. i.e. Sign into your Square account to see the transactions.
Items are what you're selling. You assign prices to these items. You can assign tax rates to these items too. These items and their associated tax rates are associated with the Square Location you assign them.
This is where you'll add info about your business including Bank Accounts and Location Details.
Here are Square terms that you'll want to understand when used in your Vacation Rental account. You can make adjustments if you're using Square for another type of business:
One Invoice Divided Over Multiple Due Dates
I'll be creating additional posts that describe how to configure your Square account. This post is Step 1: Signing up with Square.
This Houfy website uses cookies and similar tools to improve the functionality and performance of this site and Houfy services, to understand how you use Houfy services, and to provide you with tailored ads and other recommendations. Third parties may also place cookies through this website for advertising, tracking, and analytics purposes. These cookies enable us and third parties to track your Internet navigation behavior on our website and potentially off of our website. By continuing your use of this website, you consent to this use of cookies and similar technologies. Read our Cookie Policy for more information or go to Cookie Preferences to manage settings.
These cookies are necessary for the website to function and can't be switched off in our systems. They are usually only set in response to actions you have taken which result in a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site may not work as a result.
These cookies are necessary for the website to function and can't be switched off in our systems. They are usually only set in response to actions you have taken which result in a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site may not work as a result.
These cookies are set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant ads on other sites. They work by uniquely identifying your browser and device. If you don't allow these cookies, you will not experience our targeted advertising across different websites as a result of these cookies.
To follow Susan , please log in to Houfy or create an account.
