Tag: merchant fees
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How do you apply customer payment that has a merchant fee to an invoice in QBO?
You will need to group both your deposit and fee together so your deposit in QBO matches the bank deposit that was made in real life. Here’s how to handle it in QBO at this time: RECEIVE PAYMENT Create an Invoice for your customer as you normally would. From the home page screen, click the…
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QuickBooks Online: How to Record Fees from Credit Cards, PayPal, Merchant Services
Your customer paid the Invoice in full amount, but then fees are taken out by your credit card merchant processor before it is posted to your bank account. This quick video shows how do you enter it in QuickBooks Online? QuickBooks Online: How to record fees from credit cards, paypal, square, merchant processors