Posts by urbanbadger33

Henry Edwards33 said:You basically start a brand new entity with its own unique ID and a fresh sequence starting at 😉
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$23 In plain English, you just write off the difference. Once you get the statement from the processor, you record the $23 as a merchant processing fee under your expenses.

Thanks a ton

Can someone give me a hand here? I run my own small business and just sent out an invoice $467. The client paid via credit card, but after my bank took their cut of the transaction fee, the actual amount that hit my account was only $443. Now I'm stuck wondering how the hell I'm supposed to mark this invoice as fully paid in my books. I'm working over at Silicon Valley.
Thanks.