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Buy now"Payments made through Venmo but deducted from your bank would be recorded as transfers to your Venmo balance (simple by way of Rule), "
Have taken over bookkeeping for an NGO and trying to understand how to enter Venmo transactions properly. I understand the money coming in (deposits) but don't understand the payments. Can you give me an example of a payment made from Venmo which shows as a debit in the checking account? Want to be able to keep Venmo reconciled/balanced going forward. (New to Venmo)