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Accountants, Credit Card Mistakes You Should Avoid

Posted by James Breen at 13 November 2008 2:0

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Clients funds deposited via credit card (VISA and MasterCard) will be transferred back to the credit card account upon a withdrawal request! Due to the specifics of the credit card payment process, all funds will be converted to the local currency (BGN) prior to receipt, so even when the credit card account and the trade account in Deltastock Ltd. are in the same currency, a difference between the amount withdrawn from the credit card and the amount deposited into the trade account is possible.


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