![]() ![]() And the question becomes, how do you match up the deposit without duplicating the transaction, of course, and keep an eye on those credit card fees? So we're going to walk through the steps so that you can record the fees separately and record the full payment from your customers. So if you are using Stripe or a different payment processor to collect payments from your customers, quite often, what happens is when you get the money into the bank, or it appears on the bank feed from the connection to the bank, the amount that you receive is different to the amount you've recorded in the invoice and the sales receipt. ![]() Today, we're going to be looking at how you record credit card fees. Hi, Kerry, here from My Cloud Bookkeeping, I work with small businesses and entrepreneurs to help them to keep their books in order using QuickBooks Online so that they have access to up-to-the-minute reports to manage the business and cash flow every day. QuickBooks Online Training - My Cloud Bookkeeping Coursesįree Resources Are you using the best plan for your business? - QuickBooks Online Plan Comparison If you would like assistance with this, or anything else QuickBooks Online don’t hesitate to reach out.Ĭheck out these links for checklists to help with matching your deposits on the bank feed, completing your month end bank and credit card reconciliations, and a general month end checklist to help you keep your numbers accurate.Īlso, be sure to click like, and subscribe to my YouTube channel to keep up to date with any changes to QuickBooks Online and explore some related apps that can save you lots of time and money. There are many options for processing customer payments, and you can save a significant amount of money by choosing the best option for your business. If you use QuickBooks Online to process your credit card payments the total amount of the customer payment will be recorded, and the fee will be shown separately. ![]()
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