Skip to main content
R
RelentlessRHH
April 6, 2022
Question

Invoicing Fuel Surcharges

  • April 6, 2022
  • 1 reply
  • 0 views

Currently I have a fuel surcharge + and a fuel deduction - on my invoices. I have both the surcharge and the expense linked to the expense account to offset each other and am thinking that I should in fact be accounting the surcharge to a revenue account and keep the deduction to an expense account. Please advise what revenue account I would do this and how this affects my P&L and Balance Sheets.

1 reply

J
JamesM4
April 6, 2022

Hi RelentlessRHH, 

 

I appreciate you connecting with us in the Community. QuickBooks Online is a hassle-free program that simplifies the way you manage your accounting. I'll be glad to point you in the right direction so you can achieve your QuickBooks goals. Recording your transactions the right way is a good exercise for keeping your books accurate.

 

To ensure accuracy in your books, I highly recommend getting in touch with an accounting professional to get expert advice. Doing this will help prevent any future discrepancies in your books. You can also reach out to accounting professionals on our site using this link here.

 

I'll  leave this question here so other accounting professional members can chime in and share their expert advice. Let me know if you have other questions, I'm here to assist.

 

Terms & ConditionsAccessibility statement