Solved
Bulk Journal Entry for Merchant Fees
Hello,
I need to make a bulk journal entry for merchant fees deducted throughout the year. My merchant makes daily deposits into my bank account MINUS the fees (i.e. client payment of $50.00 - merchant fees of $2.50 = $47.50 deposit). I now have to record the merchant fees paid throughout the year. How do I properly do this JE?
