Forum Discussion

Plumber66's avatar
Plumber66
Contributing Cover User
2 years ago

Purchases for a supplier processing settlement and credit card fees Help Please

hen making the payment for a supplier account with settlement discount/credit card fee.  The processing of it is confusing me every month.  Should I use bank feeds for this?

Hoping someone may be able to advise the best process.

 

example

November A/c 10,000.00 closing balance on statement . 

less settlement discount of $100.00 (not shown on statement) if account paid in full paid by end of December

add credit card fee of $50.oo  this fee shows on December statement.

 

Payment is $9950.00 

1 Reply

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator

    Hi, Plumber66

     

    Thanks for your post.

     

    As per checking, regarding your other post with same issue has been answered already by one of our Moderator. You may check the details of the post here. Feel free to create a post again if you encounter any issues.

     

    Best regards,

    Doreen

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Learn:

 

Level up your skills using MYOB software.

 

Find help guides and technical solutions for all MYOB products here

Explore video tutorials for our software at the MYOB Academy here

 

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.