So we're going to choose to resolve this difference, scroll down, and we have the option to choose a category. So we're going to type $500 here, we can see there's a difference of $20 that shows up. But we know, in fact, she paid in full and of course, credit card fees have been deducted. So if we select here this $500, it shows that she's only paid $480 because that's in amount we've received. And we happen to know that this one is from Kathy. This will give us a list of any invoices or payments that have come in. So we're going to open this up here and click find match. So we are now looking at our Stripe deposit of $480 and we know that relates to an invoice we sent to one of our clients and they, they've paid us with Stripe. So let's just pretend this says Stripe deposit right here and now, because I don't want to confuse you, but I'm in the sample company so I can't change this description, unfortunately. Okay, ATM deposit is not a great description for something that would've come in with credit card fees deducted from it. We're going to pop to the bank feed and I can see here, there's an ATM deposit for $480. So to walk through the first method, and this is my preferred method, where it works. And the question becomes, how do you match up the deposit without duplicating the transaction, of course, and keep an eye on those credit card fees? So we're going to walk through the steps so that you can record the fees separately and record the full payment from your customers. So if you are using Stripe or a different payment processor to collect payments from your customers, quite often, what happens is when you get the money into the bank, or it appears on the bank feed from the connection to the bank, the amount that you receive is different to the amount you've recorded in the invoice and the sales receipt. Today, we're going to be looking at how you record credit card fees. Hi, Kerry, here from My Cloud Bookkeeping, I work with small businesses and entrepreneurs to help them to keep their books in order using QuickBooks Online so that they have access to up-to-the-minute reports to manage the business and cash flow every day.
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