Thanks for following up with the Community, @BookkeeperCRC.
I'd be glad to help you properly record the donation fees paid by the donor in QuickBooks Online (QBO).
To begin with, you'll have to receive the $51.50 payment and deposit it into the Undeposited Funds. Then, deduct the $1.50 fee from there.
Firstly, receive the invoice payment. Here's how:
- Select the +New icon and choose Receive Payment.
- Choose the customer and locate the invoice.
- Enter the amount received ($51.50).
- Click the Deposit to drop-down arrow, and then choose Undeposited Funds.
- Select Save and Close.
After that, deposit the payment and add a line item for the fee. Follow the steps below:
- Click the +New icon and choose Bank Deposit.
- Choose the invoice.
- Under the Add funds to this deposit, add the customer and choose an expense account for the fee.
- Enter the fee as a negative amount (-$1.50).
- Click the Account drop-down arrow, and choose the bank account.
- Select Save and Close.
For future reference, you can check this article to guide you in reconciling your accounts so they always match your bank and credit card statements: Reconcile an account
Please let me know if you have any follow-up questions about recording the donor fees or anything else related to QuickBooks, @BookkeeperCRC. I'll be more than happy to answer them.
