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Mike #1
Cleanitup God
Posts:
4668
PayPal Accounting
«
on:
July 20, 2014, 12:03:05 pm »
Just sorting out my accounts , So what do you guys do about PayPal charges on received payments when a customer pays i usually mark full paid without taking into account the levied charge .
This also goes for GoCardless as well now want to ensure i get it right before submitting my accounts . Thanks in advance Mike
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tlwcs
Cleanitup God
Posts:
2081
Re: PayPal Accounting
«
Reply #1 on:
July 20, 2014, 12:05:29 pm »
For each payment, create an expense to the value of the charge
Tony
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Mike #1
Cleanitup God
Posts:
4668
Re: PayPal Accounting
«
Reply #2 on:
July 20, 2014, 12:29:10 pm »
Thanks Tony thought so i have now closed my PayPal account and printed off everything up to date PayPal was just a pain despite telling custys i dont accept PayPal anymore they continued to pay .
So only way out was to close account i will open another one but only a personal one as once set up custys only need registered details like phone number or email address and they can pay Pain in the ass . Mike
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