How do I record income from a credit card surcharge not included on the invoice

Jo_6696716
Jo_6696716 Member Posts: 1 ✭
edited July 2018 in Reckon Accounts (Desktop)
Income from credit card surcharge

Comments

  • Deny Dharmawan
    Deny Dharmawan Alumni Posts: 141 ✭
    edited August 2016

    Hi Jo,

    You can use General Journal to record the income from credit card surcharge.

    • From the Company menu, select Make General Journal Entries...
    • Under the Account field, select an Income account used for tracking your credit card surchage (e.g.Surcharge Earned)
    • Enter the amount of surcharge earned (excluding the tax amount) in the Credit field, followed by the tax item in the Tax Item field. If there is no tax, you can select FRE.
    • Tab to the following line, in the Account field enter your Bank account. The Debit field will automatically enter the amount entered into the credit field plus the tax amount
    • Click Save & Close to record the Journal Entry

    Regards

    Deny Dharmawan

  • VM_7313333
    VM_7313333 Member Posts: 13 ✭
    edited July 2018
    Hi Deny, if the customer wanted to know the total amount of surcharge processed for the year via your solution - how would you report on it?  

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