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How should I track micro deposits into my linked accounts? (Pro)
How should I track micro deposits into my linked accounts? (Pro)
Updated over 5 months ago

If you receive micro deposits into your linked accounts as part of an account verification process, they will pull into Hurdlr. To account for them properly in your books, you’ll want to use the Advanced section to tag these transactions as ‘Other/Miscellaneous Income’.

To do so:

  1. Navigate to the Transactions Dashboard

  2. Click on the transaction that corresponds to the micro deposit

  3. Select ‘Advanced’

  4. For the ‘Account’ field, choose ‘Other/Miscellaneous Income’

  5. Click ‘Save’

If these micro deposits are reversed, then the corresponding reversals should be tracked as Income Refunds.

If the micro deposit reversals pull into Hurdlr as expenses, you can convert them to income refunds by following the steps here. These income refunds should also be categorized as ‘Other/Miscellaneous Income’, which will cancel out the original income that was recorded.

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