Let me help record the invoice you've received from a supplier with two credit card fees, zz8.
In QuickBooks Desktop, you need to set up credit card accounts to help track charges and payments you made. Then, create a service item for the fee and manually add it to the supplier's invoice.
Let me show you the steps:
Set up credit card accounts:
- From the Company menu, select Chart of Accounts.
- Select Account or the plus + icon, then New.
- Select Credit Card, then select Continue.
- On the Add New Account window, enter the credit card name.
- Select Enter Opening Balance, then enter the account's balance and date.
- Select Save & Close.
Add items
- Go to Lists, then select Item List.
- On the Item List window, select Item then New.
- Select the type of item you want to create.
- Fill in the item fields.
- Click Save.
Once done, you can create a bill and add another line item for those credit cards fees.
About recording them as a direct material cost, I recommend consulting your accountant for specific instructions. This is to ensure you have accurate records on your books and correct entries during reconciliation.
I'm adding these articles for your reference:
Don't hesitate to leave a comment below if you need additional information about recording credit card fees. I'm always right here to help you.
