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Buy nowWe run some sort of Escrow business where our customers deposit funds in our account which are later used to issue thousands of micro-payouts. For each payout, we add a flat service fee of $0.25 to the amount.
For example, the payout is $50, we charge the customer $50.25. However, in QuickBooks, we only have the $50 while the $0.25 fee is just retained in our bank and this is considered our profit.
Is there a way in QuickBooks to automatically add the $0.25 as income to each one of the payouts which are going to be categorized as expenses? If not, would you suggest an easy way to calculate our profit by creating a $0.25 income transaction for each one of the payouts?
Thanks for your help!