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Eve2019
Level 5

CREDIT CARD FEE.

Hello,

Whenever I pay my sales & use tax there is a fee for using credit cards. I think it's a 3% card processing fee.

 

Example:

Sales tax due is : $2,000 

 The credit card fee is $60.00 Surely is an expense but how do I enter this type of transaction in QB desktop.

 

Thanks

1 Comment 1
AlexV
QuickBooks Team

CREDIT CARD FEE.

Hi Eve2019!

 

Let me show you how to enter the credit card fee.

 

When reconciling an account, there is a field where you can enter the fee. You can check out this article for additional information about reconciling bank and credit card accounts in QuickBooks.service charge.PNG

 

 

For customer payments, you can add another line for the fee when making a deposit. You can follow these steps:

  1. Click Make Deposits from the Banking menu.
  2. Select the payment you want to deposit, then OK.
  3. Enter the details required.
  4. Add a second line to record the fee. The amount should be negative.
  5. Tap Save & Close.

 

Need help in bringing bank and credit card transactions to QuickBooks Desktop? Check this link: Get started with Bank Feeds for QuickBooks Desktop.

 

Post again here if you need more help. Take care!

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