I hope this is the correct discussion topic for my question. On 2/1 we received a merchant deposit from our credit card processor in the amount of $268.37. Payments for the cards were from membership renewals which in reality totaled $460. Because it was the first of the month the card processor deducted their fees so that the $268 was what was deposited. I need to keep track of the membership renewal amounts in QBO, so my question is: how to I add the $460 in membership fees into QBO and show the fee charge correctly? The transfer has taken place from the merchant to our bank and from our bank to Quickbooks.
I'm sure I am not asking the question as clearly as I should, but I hope someone understands what I am trying to say and do!
Thank you in advance for your time and help.
Larry
