Hello there, @VTXtools.

Please know that this isn't the experience we want you to have. All transactions downloaded into QuickBooks are from the bank. It depends on the bank if it includes information such as fees and charges per transaction.

You're right. The only workaround to make up for the processing fees is to create an expense for each transaction. 

For detaile information about Include bank or processing fees, you may visit this article: Record and make bank deposits in QuickBooks Online.

You may visit this article as your reference when you reconcile an account to ensure your accounts in QBO are balanced: Reconcile an account in QuickBooks Online.

If you have any further concerns about your transactions, don't hesitate to post them here. Have a great day!