QB Issue Resolution:
You create an expense transaction for those fees.
Click the Plus sign (+) icon.
Fill in the necessary fields.
Click Save and close.
I suggest conferring with your accountant on the best way to categorize the fees.
Resolution for Issue 'I have first data for my merchant services provider. My bank receives a daily deposit from First Data less any merchant service fees. How do I account for the fees?' available: Yes (Solved).
Source: Intuit Community forum.
I have first data for my merchant services provider. My bank receives a daily deposit from First Data less any merchant service fees. How do I account for the fees?: 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 bank receives
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Error Recovery for bank receives [Canada]
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