Hello,
We're small casual restaurant.
We use Uber though, how should we entry about fee?
We receive net sales to our bnak accout.
-Do we only need to entry the fee to "Sales"?
-Do we need to record gross sales to somewhere?
Please tell us if someone has good idea.
Kind Regards
Hello Sasuke-y
Welcome to the Community Forum.
If the merchant (in this case Uber) takes a percentage share of the transaction for providing the credit facilities. In our example, a $100 sale is received through Uber, from which $2 is paid to Uber, resulting in a net sale of $98. You will need to record both transactions in MYOB, in other words, a customer receipt of $98 and a merchant charge of $2.
You will be able to follow this Help Article on recording payments made through Paypal, as this is similar to my above example.
If my response has answered your inquiry please click "Accept as Solution" to assist other users to find this information.
