Recording a third party fee on supplier bill payment
I have a new AMEX business card. My main supplier does not accept AMEX for payment but there is a workaround: AMEX have an International Payments portal whereby you can use your card to pay suppliers even if they do not accept AMEX. There is a 2.15% fee for these transactions. The fee is charged by AMEX - not the supplier. From the supplier's point of view their bills to me do not change and they just receive the funds into their bank account as usual. I'm having trouble recording payments made with using method because there does not seem to be a way to record a third party fee. For example if I want to pay 5 x outstanding bills from my supplier totalling $100,000.00 the transaction actually costs me $102,150.00. I set up a dummy supplier called AMEX Fees and created a bill for the fee amount but I can't seem to pay bills to 2 x different suppliers in the one transaction. Can someone offer a suggestion as to how to correctly record such transactions?
