How do I record the fees and shipping deducted from a customer's payment?

This is an example of how to categorise a payment from a card provider like Stripe, or CardNet where the shipping fees and the commission have been deducted at the source of the incoming payment.

Example:

• Stripe Customer Payment Received in Bank Account: £462.75 @ 20% VAT.
• Shipping charges paid by customer: £112.95 @ 20% VAT.
• Stripe fees and commission: £351.00 @ 0% VAT.
• Locate the Stripe payment from your Bank Transactions.
• If the transaction line is green because it's already been confirmed, select 'Edit' to open the expanded view. Or, if the transaction has no 'Edit' option, select the transaction line to access the transaction details. 

1. Enter the Customer name or if it's a bulk payment from many customers use 'Stripe' as the customer.
2. Enter the Category, e.g. Sales - Product or Sales - Service.
3. Enter the VAT % for the product or service sold.
4. Select 'Split Category/VAT'
5. Select the Shipping or Delivery charges category
6. Apply the relevant VAT%
7. Press 'Split supplier' to add the Merchant Account Fees/commission deducted from the source
8. Enter the Merchant Bank e.g. Stripe or CardNet as the 'Supplier'.
9. Select the Category: Merchant Account Fees.
10. Apply the correct VAT %.
11. Manually deduct the amount 'still to review' from the deposit amount:

• Click 'Justify' to add the VAT receipt
• Press 'Done' to save

• Select 'Confirm'