IMPORTANT NOTICE: On May 14th, 2024 all Wethos Payments Accounts will be closed as we are transitioning to a new form of payment acceptance for your invoices. Once closed features such as debit cards, account statements, account transfers, and account and routing numbers will no longer be available. Also, after May 14th, the Payments Tab will no longer be available. Please download your account statements or CSVs before this date and make any withdrawals of the funds in your account. If there are any funds left in the account will be mailed to you within 30-60 days of account closure. You can learn more about this in our featured Help Center article HERE.

The Transaction tab in your Payments page is your home base for every transaction that is processed through your Wethos Payments Account, not just your invoices.

On the Transactions tab, you'll see an overview of your account balance, your account information, all of your transactions, make transfers in and out of your account, assign expenses to a project, and link external bank accounts.

Navigate to the Transactions tab from the Payments Page.

You’ll see your Available Balance - the amount of money in your account that is readily accessible.

You will also find all of your Account information (your routing and account number) - this can be utilized if your clients want to pay you via direct deposit or a wire transfer. Easily copy and paste them utilizing the copy-paste button.

The transactions table is where you can keep tabs all of the information related to your transaction history including:

Fees on ACH payments will show as a separate line item from the payment.

Fees from card payments are not shown as a separate line item. Instead, they are already deducted from the total amount

From the Transactions table, you can allocate any transaction that is not yet associated with a project. Assigning expenses to a project makes it easier for you to keep track of your funds and include any expenses made for your project in your invoices for your clients.

For example: If you used your debit card to purchase any materials for your project, you can then assign the purchase to the project you are working on and then easily find and add the expense to the invoice for the project in the invoice builder.

Once you’ve found the transaction you’re looking for, select “Assign to Project.”

Simply search for the project you want to associate the expense with and fill out the Expense Name field. Once you click “save”, the expense will automatically be assigned to a project and you’ll be able to add this expense to invoices associated with that project moving forward.

To remove an assigned expense from a project or update the Expense Name, click on the ellipses located to the right of the transaction. This will open a menu of options to manage the expense. If you choose to remove the expense from the project, you will then have the opportunity to reassign it to a new project by re-selecting the Assign to Project option. We've made it flexible and convenient for you to modify and reassign expenses as needed, ensuring accurate project expense tracking.

Whether you are looking to withdraw funds out of your Wethos Payments Account or you want to deposit funds in, connecting an external bank account to your Payments Account will make this process fast and simple.

There are two ways to link your bank account to your Payments Account. You can connect your account using the automated process with Plaid or you can link your account manually with your account and routing number.

By connecting your account via Plaid, you will have the option to withdraw funds from or deposit funds into your Wethos Payments Account.

If you connect your account manually, using your routing and account you will not be able to make any deposits into your Wethos Payments Account, only withdraw money out.

If you want to deposit funds into your Wethos Payments Account or withdraw funds out to another bank account, select “make a transfer.”

You’ll see the transfer screen displayed. From here you can decide to Withdraw money out of your Wethos Payments Account, or Deposit money in. Select which linked bank account to use for the transfer, as well as input an amount for the transfer.

Once everything is entered correctly, you can click the withdraw or deposit button in the bottom right of the pop-up to initiate your transfer.

There are no fees for transferring money from a linked bank account into your Wethos Payments Account. It’s also free to transfer money out of your Wethos Payments Account to a linked bank account.

You can find more information on how to Deposit or Transfer Money into your Account here.

Keep in mind that deposits and withdrawals can take 3-5 business days to process. If you’re withdrawing funds, the amount will be deducted from your available balance immediately

Select the ellipses next to the “link an account" or “make a transfer” button (depending on whether you have linked an external account or not) to view any external accounts, export a CSV of your transactions, or view your monthly statements. Your statement will show all transactions and ACH payments.

Please reach out to [email protected] if you’d like your Card payment statement from Stripe.

You can find more information on how to View Statements here.

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