How do I post a transaction from a third party payor, like Square or Paypal in which they add fees?

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for example. I charge $138 and they pay me $133. The $5 is a fee they charge up front. I can't figure out how to post it that it doesn't change the register amount.

Best Answer

  • splasher
    splasher SuperUser ✭✭✭✭✭
    Answer ✓
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    You make it a split.  The first line of the split is for the gross amount.  The second line is a negative amount for the fee.  The net amount of the transaction is the amount you actually get.

    -splasher using Q continuously since 1996
    - Subscription Quicken - Win11 and QW2013 - Win11
    -Questions? Check out the Quicken Windows FAQ list

Answers

  • splasher
    splasher SuperUser ✭✭✭✭✭
    Answer ✓
    Options
    You make it a split.  The first line of the split is for the gross amount.  The second line is a negative amount for the fee.  The net amount of the transaction is the amount you actually get.

    -splasher using Q continuously since 1996
    - Subscription Quicken - Win11 and QW2013 - Win11
    -Questions? Check out the Quicken Windows FAQ list

  • Lillian
    Lillian Member
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    Thank you