Does anyone know where I can get reports on Square’s Application Fees that are collected via the Payments API?
For those not familiar… Here’s how it works:
You (as the platform or facilitator) create the payment using Square’s Payments API.
You can specify an “application fee amount” in the API call.
Square then automatically splits the transaction:
The net amount (minus processing fees) goes to the connected seller.
The application fee is deposited into the platform operator’s Square account.
For example
$20.00 Order
-$0.88 Square Fees
-$1.00 Facilitator/Platform Fee ← I’m trying to find reports for these as the platform operator.
$18.12 Deposited to Seller
These are NOT sales so they don’t show up under any sales reports that I can see. We just see our balance increase with no reports of why!