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mistergiantrobot
Level 1

I invoiced a client and believe there should be a 2.99% fee, but I see the full amount in my QB Self Employed account. Where does the invoice processing fee show up?

I have a quickbooks self employed account and a client wanted to make sure they are paying me without a lot of fees being removed. From this site (https://quickbooks.intuit.com/payments/payment-rates/) I believe the rate should be 2.99%. But when I look at their most recent payments on the invoices sent through QB self employed - I see the full amount. Where does the 2.99% get taken out?

1 Comment 1
RheaMaeH
QuickBooks Team

I invoiced a client and believe there should be a 2.99% fee, but I see the full amount in my QB Self Employed account. Where does the invoice processing fee show up?

Hello there, mistergiant. The 2.99% fee is automatically deducted from the payment before it reaches your bank account, which is why your actual deposit is the net amount (the total minus the fee). The invoice still shows the full amount to confirm that your client has paid their balance in full.

 

You can sign in to QuickBooks Payments to view the fees. Go to the Activity & Reports tab and select Deposits. Look for the Fee column to see the amount deducted for that transaction.

 

Feel free to return to this thread if you have follow-up questions.

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