You create an expense transaction for those fees.

Here’s how:

Click the Plus sign (+) icon.
Choose Expense.
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 'bank receives 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.

The bank receives 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 bank receives issue yourself by looking for a resolution described in the article. If it is a complex bank receives issue or you are unable to solve the issue, you may contact us by clicking here or by using other bank receives support options.

For more information about resolving issues related to bank receives in Quickbooks/QBO or to get support for the 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?', click the link below: