I understand the importance of accurately tracking these fees in your financial records, usertastees. Rest assured that I'll help you manage your credit card processing fees in QuickBooks Online (QBO).
In response to your inquiry, yes, you'll have to amend the invoice to account for credit card fees in QBO. QuickBooks Payments does not currently have an automated feature to include credit card processing fees on invoices. However, you can easily address this by creating a separate line item for the fee.
To account for credit card processing fees in QBO, you can create a service item for the fees and manually add it to your invoice as a workaround.
Here's how:
- Go to the Gear icon, then choose Products and Services.
- Click on New, then pick Service.
- Enter the name of your service item. (For example; Processing Fee).
- Select the account you'd use to track the processing fees.
- Then, click Save and Close.
Once done, add the processing fee as an additional line item to your invoice to charge your customers. You can check out this article for the detailed steps: Manually add service fees to invoices in QuickBooks Online.
Also, make sure that the correct payment and processing fee accounts are selected. You can find more information in the following articles: Record and make bank deposits in QuickBooks Online
If you have further questions about fees in QBO, please don't hesitate to reach out to us. We're here to assist you in optimizing your invoicing practices within QBO. Best regards.
