Accepting payments through HoneyBook is as easy as adding your bank account; then, those hard-earned funds can be deposited directly into your account in a matter of days!
In this video, we'll review:
Where to go in HoneyBook to connect your bank account
What type of business type you should use to connect: Individual, Sole Proprietor, or LLC-Partnership-Corp.
Prefer a written walkthrough? We got you. Check it out here.
Not sure of your business entity type?
Individual: You own & run a business, but do not have an EIN (Employer Identification Number). You use your social security number when filing your taxes.
Sole Proprietor: You own & run a business and were issued an EIN. If you have filled out an SS-4 Form to register your business with the IRS, you have a government issued EIN. Alternatively, if your organization is a registered nonprofit, please select this entity type when connecting your bank account to HoneyBook.
LLC-Partnership-Corp.: You pay taxes as an LLC, partnership, or corporation. If you have filled out an SS-4 Form to register your business with the IRS, you have a government issued EIN.
PLEASE NOTE: Be very careful to select the correct bank account type otherwise deposits to your bank account will not process. If you are still uncertain which account type to select, contact us!
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Still have questions? Feel free to send us a message by clicking the Question Mark icon on any HoneyBook page. Our team is always happy to help!