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sandy115
Level 1

Can you enter credit card processing fee on sales receipt?

I need to record credit card fees on sales receipt since amount of credit card fee is deducted from deposit. How do I do that?

1 Comment 1
SheandL
QuickBooks Team

Can you enter credit card processing fee on sales receipt?

Yes, you can enter it, sandy115. I'll be glad to help you with recording your credit card processing fees.

 

Before we begin, you'll need to create a service item to represent the processing fee. To do this, here's how:

 

  1. Open your QuickBooks account. 
  2. Go to the Gear icon, then select Products and services.
  3. Navigate to the New button and choose Service.
  4. Please include all the necessary details and ensure that this service is named as credit card processing fee.
  5. Choose the account you want to use from the Income account dropdown.
  6. Once you've ensured everything is complete, click Save and Close.

 

After this, let's add the service item to your sales receipt. Ensure to add the processing fee as a negative value. To do so, please follow the steps below:

 

  1. Head to the + New button, then select Sales Receipt.
  2. Select your customer from the Customer dropdown.
  3. Once done, ensure to add the other details. 
  4. For the first line item, select the product in the Product/Service column and ensure that you add the correct amount.
  5. On the second line, include the service fee you created and ensure that its value is negative.
  6. After completing this, you can click Save and Close.

 

 

If you have other concerns about this process, feel free to comment below.

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