Want QBO CC fees recorded as paid out of a different bank account than the QBO payments deposits in to.
The Intuit merchant center allows for your CC fees to be taken out of a one bank account and the deposits into a different bank account ....Excellent as that's how I want it....... EXCEPT, QBO doesn't have anywhere to actually set up the auto recording of those fees / deposits to record to two different GL accounts (bank accounts).
Anyone have any input or know if any changes are planned? I've asked repeatedly for an update to QBO but no luck so far.
Re: Want QBO CC fees recorded as paid out of a different bank account than the QBO payments depos...
Hello there, @ lisa3.
I’d be delighted to provide some information on how you can record your credit card fees with QuickBooks Online.
Currently, you can only connect one bank account to which your merchant transactions will be automatically recorded. You need not to worry though, you can connect your second bank account directly with QuickBooks Online. By doing so when your credit card fees are posted to your bank’s website it will be downloaded to QuickBooks automatically.