ABSORB CREDIT CARD PROCESSING FEES

Hello there, kelper62.

Instead of adding another line item for the processing fee on the invoice, we can create a bank deposit to record the fee. I'll walk you through on how we can accomplish this in no time.

Step 1: Manually receive the full payment:

1. Click the Customers tab, then Receive Payments.
2. Enter the customer name in the Received From drop-down.
3. In the Payment Amount field, enter the payment you received from the customer.
4. Deposit it to the Undeposited Funds account.
   

Step 2: Make a bank deposit to record the fee as negative amount. 

1. The payment you manually receive will generate in the deposit window. Make sure to tick the payment.
2. Then, add another line item for the service fee. 
3. Enter the fee as a negative amount.
4. Click Save and close.

Here are some articles that guide you further about depositing payments  and recording fees in QBDT:

• Record and make bank deposits.
• Deposit payments into the Undeposited Funds account.

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I'm here to help you if you need further assistance with QuickBooks. Feel free to hit that Reply button. Have a good one.

My invoice to the customer was 90.40. He paid the full amount, but Square charged me 3.27 to process. So now I only have a bank deposit in the amount of 87.13. How do I capure the 3.27 in fees to clear his invoice. I applied the 87.13 payment, but that leaves him with an balance due of 3.27.