How do I account for izettle fees on quickbooks? (Easy method please) :)

Hey Eastkillbride,

How are the fees occuring in real life? Are you receiving the total amount of your sale, then having to pay izettle fees at the end of a statement period, or do you only receive the net amount of the sale in your account, with the fees already deducted?

Effectively, the advice I'll give you, is to replicate what occurred in real life on your books, so you can honestly explain if you are ever asked too.

Hi, 

Asking the same question as above.

I receive the amount with the fees already deducted so trying to work out how to log my fees/charges, from both iZettle and Eventbrite, guessing it's the same solution?
Thanks

thanks for this, will give it a try! Cheers

Did this work for you in the end, im new to QB but have the same issue as the others, how do i account for Izettle fee's when all i get are the money minus fee's. Just wandering if this worked for you..It's so complicated...

Sorry to resurect an old chat string, but this does not work, either the menu's have changed or there are prerequisit settings that need to be created and in place for this method to work.

It can be really challenging when the software we rely on for our business changes, and the instructions we've been given no longer match what we see on our screens, @theATVman. Let's work together to find a straightforward solution that aligns with the latest version of QuickBooks and record the iZettle fees on QuickBooks.

To start with, follow these steps to record the invoice payments from your customers through iZettle. Here's how:
 

1. Click the +New icon.
2. Select Receive payment under the Customers section.
3. Choose Undeposited Funds or Payments to deposit in the Deposit to drop-down list.
4. Enter the invoice payment details.
5. Click Save and close.

After that, let's deposit the payments including the fees:
 

1. Select + New.
2. Click Bank deposit.
3. From the Account ▼ drop-down list, choose the account you want to put the money into.
4. Select the checkbox for each transaction you want to combine.
5. Make sure the total of the selected transactions matches your deposit slip. Use your deposit slip as a reference.
6. In the Add funds to this deposit section, enter the fees being deducted and their details.
7. Click Save and Close.

If you find that you need any further assistance or clarification in recording iZettle fees, please don't hesitate to post again in the thread, @theATVman. We're always here to support you and ensure that your QuickBooks experience is as smooth and efficient as possible.