WorldPay deducting fees daily

Hi Rocket_Matt, thanks for reaching out to the Community today

We'll be happy to share some guidance on recording third-party merchant service fees in QuickBooks Online. 

To do this, first post the invoice payment to the Undeposited funds account (for the full amount charged to the customer). 

You can do this either by selecting Receive payment on the invoice, or by navigating to + New then Receive payment. Enter all the payment information and choose the Undeposited funds account in the Deposit to field. 

Then, create a bank deposit to record the service charge (from + New > Bank deposit😞

1. You should see the payment you entered in the Select the payments included in this deposit section at the top.
2. Put a check to select the payment you want to deposit.
3. From the Add funds to this deposit section, enter the amount of the bank service fee charged to you by the company as a negative amount.
4. From the Account section, select the Expense account you usually use in tracking bank fees.
5. Verify that the deposit amount is correct.
6. Select Save and close to record the transaction.

You can then go ahead and match this deposit to the downloaded bank transaction. 

For reference, see our Community guide on recording service fees in QBO. We'll be here if you need any further support.