How Do I Record Square Fees In QuickBooks

I am trying to figure out how I am accounting for square fees charged at time of payment, I am getting a negative number in my P&L , using Accounting 15.0 ,I do not have employees etc so I use this version for tracking my income and expenses only , I’m not looking to upgrade this particular version for my business. I just need to know how to record square fees charged at time of payment, the way I am doing it now, I record it in the sales receipt which balances with my square report but causes a negative amount in the p&l. If I add the charge to the transaction amount then it balances and returns a correct expense amount in the P&L…

Amy B. Boyd Asked on June 6, 2022 in Payments.
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    Hi

    Thanks for asking questions, you can get help from QuickBooks Support team of AccountsPro, also check out full services of QuickBooks Enterprise Integration including Square

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    Accounts Experts Answered on June 6, 2022.
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