thread Re: How do i claim processing fees on Quickbooks Self Employed? in Archived Discussions (Read Only)

How do i claim processing fees on Quickbooks Self Employed?

Maddiej18 — Tue, 22 Oct 2019 21:47:50 GMT

Quickbooks Self Employed calculates my income based on my bank deposits from Square. Since the credit card fee is subtracted before the deposits, how do i claim that the fee was even taken?

Re: How do i claim processing fees on Quickbooks Self Employed?

JustinC — Thu, 24 Oct 2019 21:41:31 GMT

Hey @Maddiej18 - I'm unsure how reports looks on Quickbook's side after importing, but our Square Deposit Reports already shows the amount in fees deducted. You may want to seek help from an accountant on what documentation suffices enough to reflect the fees taken out.