As part of my business I send a lot of invoices that are often paid in 2 parts, currently I use First Data for card payments which means that when someone pays their invoice via card the full amount is paid into my account so I can add it to the invoice via Quickbooks, the fees are taken monthly on all card sales.
I'm looking to switch to either iZettle or Sumup but these companies take their transaction fee before they pay you you meaning if I take Β£100 they might pay me Β£97.50 or something like that, my question is how can I track this as if I add that against the invoice it will show as Β£2.50 being outstanding.
How can I track this to keep the tax man happy and avoid confusion on who owes what.
