QB Issue Resolution:
The way I would do it
create the following items
service item, call it Tickets, select the liability account on the item screen. When you use the item you can click in the description block and enter the specifics, or create more than one ticket item, each for the particular ticket you sell
service item, call it service fee and select the liability account, enter your fee amount in the rate block
When you sell a ticket, use a sales receipt, select the customer – or use a generic customer
list each item like this
Tickets qty = 1 price = $69.00 total = $69
Service Fee qty = 1 Price = 9.95 total = 9.95
Total = 78.95 will post to the liability account
Use make deposits, select the 78.95 entry
on the next line select the stripe fee expense account and enter -2.58
net deposit is 76.37
When you pay the vendor
line one select the liability account, enter 78.95
line two select the income account, enter -9.85
net check is $69.00
Resolution for Issue 'How do I account for credit card fees for funds collected from a customer and remitted to a third party with a fee deducted?' available: Yes (Solved).
Source: Intuit Community forum.
How do I account for credit card fees for funds collected from a customer and remitted to a third party with a fee deducted?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for collected from a customer
Quickbooks Repair Pro will resolve it efficiently and affordably. Guaranteed resolution of your issue, or you pay nothing!
Error Recovery for collected from a customer [Canada]
E-Tech is the #1 Quickbooks data migration and Conversion service provider.
Additional Support Options: