How to record merchant fees in QuickBooks Online | Scribe

How to record merchant fees in QuickBooks Online

If you are a small business owner who uses QuickBooks Online to manage your finances, you may need to know how to record merchant fees in QuickBooks Online. Merchant fees are typically charged by credit card companies or payment processors when you accept payments from customers. Recording these fees accurately in QuickBooks Online is important for tracking your business expenses and ensuring that your financial records are accurate. Knowing how to record merchant fees in QuickBooks Online can help you stay organized and ensure that your financial records are up-to-date.
Created by Ghostwriter from Scribe | 7 steps
Go to quickbooks.intuit.com and log in to your QuickBooks Online account.
Click "+New".
Click "Expense"
Select the payee.
Select the Merchant fees account from the Chart of Accounts.

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