@Mokadoka wrote:
Hi, I know there is an addon for square, but I want to know how I can propertly record an square transaction with an invoice.
Let says the invoice is 200$ and square takes 2% for processing fee. In total I get 196$ in my bank account. How I can resolve the gap? How I can say the 4$ is a square expense.
Thank you
To answer your question directly
use a sales receipt, an invoice is used when the customer will pay later
create a non inventory item called sq fee and select the merchant fee expense account on the item
line one: list the sale and gross (full) amount
line two: list the sq fee item, qty is negative one, and the fee amount
save
