How do I charge my customers credit card merchant fees on sales invoices?

Summary

How to charge customers credit card merchant fees in Sage Accounting.

Resolution

CAUTION: Before charging credit card merchant fees to customers on sales invoices, you must seek guidance from Visa or Mastercard.

  1. Create a new line item in an invoice.
  2. Enter a description in the Item field such as "Credit Card Merchant Fees".
  3. Manually calculate the percentage amount and enter it in the Price column.
  4. Select an appropriate Revenue account in the Ledger Account column.
  5. Select No Tax in the Tax Rate column.

EXAMPLE:  

Solution Properties

Solution ID
221017142939343
Last Modified Date
Wed Oct 18 18:35:34 UTC 2023
Views
0