When client pays invoice via credit card the 2.99% fee gets reduced from my gross receipt. My P&L is not showing the credit transaction fee.

It's good to see you here in the Community space, neha. I'm here to help you show your credit transaction fee in your Profit & Loss report.

If you're using QuickBooks Payments to take and process customer payments, ensure to map correctly the expense account you use for tracking processing fees. 

Here's how:

1. Go to Settings and click Account and settings.
2. Select the Payments tab.
3. In the Chart of Accounts section, click the pencil icon.
4. For the Processing fees dropdown, choose the proper expense account for tracking processing fees.
5. Select Save.

Disclaimer: QuickBooks Payments account is subject to eligibility criteria, credit, and application approval. Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services.

Additionally, in case you need steps on how to run different reports in QBO that give you an overview of your customer data, you can read this article: Run reports in QuickBooks Online.

Please don't hesitate to reach out if you encounter any challenges during this process or if you need further assistance with your credit transaction fee.