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Adding the credit card fee on your sales transaction is easy peasy, @basicburgerpr.
In QuickBooks Online (QBO), you can manually add the credit card fee as another line item on the invoice. This way, you can track the credit card fee. Let me guide you through the process.
First off, you'll need to create a service item for the credit card fee. Here's how:
Once done, you can now add the fee to the invoice. Please follow the steps below:
I'm adding this article to learn more about the common industry terms to process credit cards in QBO: Accept credit card payments in QuickBooks Online.
In the future, you might want to refund credit card transactions. This article will guide you through the steps: Void or refund transactions.
Our doors are always open to help you again if you have any other concerns or follow-up questions about adding credit card fees. Have a pleasant day ahead.
In the desktop version you can easily link an expense in an invoice to the correct expense transaction type. Is there a way to do this in the online version? This answer just creates a negative income line.
I appreciate you for joining the thread, @judybates76065.
Yes, you can link your expense transaction to an invoice in the QuickBooks Online (QBO version. You can do this using the billable expense feature. Let me give you more details about this.
A billable expense is an expense you collect on your customer’s behalf when you perform work for them. You can easily record and track billable expenses so your customer can reimburse them when they receive their invoice. Recording billable expenses are currently available for QBO Plus and Advanced users.
If you're using QBO Plus or Advanced, you can enable the feature following these steps:
After that, you're now ready to enter a billable expense and add the transaction to your invoice. For more details, open this article: Enter billable expenses.
In case you're using the lower versions of QBO, you may consider upgrading your subscription.
For additional resources, while tracking your income and expenses in the future, you may check out the topics from these links:
If you have any other questions while handling your expenses or invoices in QBO, let me know by adding a comment below. I'm more than happy to provide additional assistance. Wishing you a good one!
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