How deposits and fees appear in your account
Autobooks will make deposits into your designated checking account when you receive payments from your customers. Autobooks will debit any fees owed from that same checking account.
How transaction and subscription fees are withdrawn
Transaction fees:
You’ll always get your customer’s full payment first. Then, later that same business day, Autobooks will take the fee as a separate transaction.
Example: If a customer pays you on June 8, the full amount hits your account first. Then, before the end of that day, the fee shows up as its own withdrawal.
Subscription fees:
If you’re paying for our Premium package subscription, the subscription fee will come out of your account every 30 days from the day you first upgraded to Premium.
How to recognize Autobooks transactions
Deposits: You’ll see “Autobooks” in the transaction description, plus the word “disbursement” or “settlement” (the exact word depends on the payment processor).
Fees: You’ll see “Autobooks” and “web pmts” in the transaction description. This applies to both payment processing fees and your monthly subscription fee.