Hi, Just setting up QB SE and an trying to fill in as much as I can. My issue is that I have lots of instances of tansfers from paypal to my bank, however, these sums arent going to match up with any invoices etc as I just download cash from paypal as and when so theres often one or more payments in there or i will have downloaded a portion of the balance to my bank etc.
I have marked the amounts as business income, which it is of course. Presumably when i start producing invoices from within QB it will be ok but Im just puttin all my data in from last April at the moment so only have paper invoices that i have sent out.
OK, so how do I go abouot this scenario, which is a current one. I sold goods to the value of £470 to a customer in America. He paid me via paypal so I only received £446.67. the rest (£23.33) were taken in fees.
As there was a few pounds in my paypal I downloaded £450 to my bank.
So, I go to that 450 and click split. I can put the 446.67 against business income but it wont let me put the 23.33 against (I assume it should be 'other financial charges'? or 'bank chanrges'?) as it only shows the £3.33 which is the 'change' left over.
How do I show that 23.33 as a charge as technically I havent paid it as such (although I have of course)