When recording a quickbooks payment processing fee, how should the tax be recorded?

Hi there kln025,

It's vital that all your transactions be entered correctly for your books to be well balanced. QuickBooks Online is a great tool able to help you send invoices to your customer so you can get paid quickly. I can point you in the right direction for assistance with making sure your transactions are entered correctly.

In order to make sure that your transaction is entered correctly so that all your accounts and tax codes are affected in the right way, I recommend reaching out to your accountant for assistance. They'll be able to guide you in entering this transaction so both the taxes and the accounts affected are correct. You can add them as a user to your account by going to the My accountant tab. You can also find an accounting professional near you that has experience using QuickBooks by clicking on the Find a pro to help button located in the My accountant tab.

If you have any other questions, feel free to reach out here.