These days there are many companies providing merchant credit card services. Not all handle the fees in the same way. Below are some that we have experience with and how they treat the fees. Paypal, Shopify, Stripe, Amazon and Square Up all deduct the fees from the deposits before they go into your bank account. This means ... Read More
An important process that is often missed in QuickBooks is applying credits to bills (accounts payable) and invoices (accounts receivable). Applying credits ensures you are not overpaying your bills or over billing your customers. See below for more. Accounts payable – If a credit comes in for your vendor and you don’t apply it to an existing bill after ... Read More