I can definitely help you in resolving this, crezsoft.
We can add the credit card processing fee as a second line item on the invoice, then enter the value of the fee as a negative amount. This way, the invoice will show as paid in your reports, and at the same time, we're able to record the fee. I'll guide you how:
- Click the + New icon, then select Invoice.
- From the Customer ▼ dropdown, select a customer and fill in the other necessary fields.
- Select the appropriate product or service from the Product/Service column, then enter $220.00 for the amount.
- On the second line, select +Add new from the Product/Service column to create a service item for the credit card processing fee.
- Choose Service, then enter the necessary information.
- In the Income account drop-down menu, select the appropriate expense account since this is a fee (I recommend reaching out to your accountant in choosing the right expense account to avoid confusion and discrepancies).
- After adding all the information, hit Save and close.
- Enter -6.68 for the amount of that service item.
- Click Save to complete the process.
If you want to track all the invoices that are due on a particular day or date range, you can refer to this article in pulling up the report: Report of invoices that are due on a specific day.
I'll be right here to keep helping if you need additional assistance in recording your transactions to QuickBooks. Don't hesitate to tag me in your comment.
