Managing Automatically Deducted Fees Such As Paypal
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Grant Dempsey
Member Posts: 12 ✭
How do I account for fees that are automatically deducted? eg Client owes me $110 but retains a commission of $10 so pays me $100. How do I account for the $10?
In Xero I could create an Expense and reconcile it, what is the best way with ReckonOne?
Thanks
In Xero I could create an Expense and reconcile it, what is the best way with ReckonOne?
Thanks
2
Comments
-
28/02/17
Hi Grant,
The thread below might be of some interest. There is a PayPal payment breakdown example that includes fees.
https://community.reckon.com/reckon/topics/reckon-one-enhancements-8-july-2016-47lc0p3w0x5v2
1
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