how to account for credit card fees in quickbooks | Scribe

how to account for credit card fees in quickbooks

If you are a business owner who accepts credit card payments, it is important to understand how to account for credit card fees in QuickBooks. Credit card fees can be a significant expense for businesses, and it is important to accurately track and report these fees in order to ensure accurate financial reporting. Knowing how to account for credit card fees in QuickBooks can help you better manage your finances and ensure that you are accurately reporting your expenses.
Created by Ghostwriter from Scribe | 12 steps
Click the “Create an Expense Account” button.
Enter a name for the account, such as “Credit Card Fees”.
Select “Expense” from the “Account Type” drop-down menu.
Click “Save & Close”.

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