Here’s how you can see if this has happened to you

  1. Log into Billy and go to your Balance sheet
  2. Change the view to be for Yearly 2018
  3. Look under Current Assets for Stripe, Square or Paypal
  4. If you have any of these accounts with a positive balance, you probably have a duplicated income transaction.

Here’s how you can fix the issue before you submit your taxes

  1. Go to Bank Accounts and select the Stripe/Square/Paypal account affected
  2. In the Account Overview view, Select each “Paid Invoice” transaction and Void them. This will release the Invoice cards
  3. Next, go to your main business checking account, where your deposits come in. In the Account Overview, look for any transactions you made on Stripe/Square/Paypal deposits and void them
  4. Finally, in your checking account, go to the Match view and match the Invoice from the right side with the deposits from Stripe/Square/Paypal
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