When inputting invoices, should a $1000 invoice be reported as $1000, then the $10 merchant processing fee separately as an expense, or is it better to just report $990?

[michaelcottier]

Hi! When inputting payments from client invoices, should a $1000 invoice be reported as $1000, then the $10 merchant processing fee separately as an expense, or is it better to just report $990 and that's it?

[ColeenD3]

You should always categorize the expense properly. Merchant services should have its own category. It can be a miscellaneous expense.