square and myob invoices
im not an accountant , a trady who does all the myob accounts. a few of my weekly invoices to clients are being paid on my square device. square take there fee so i get a differants amount to my orig...
Forum Discussion
Hello Stuartt
You would record these as a merchant fee. You should also check with your accounting advisor about how the tax on these transactions should be handled so it's reported correctly on your BAS/GST reports.
I have attached a Help Article on how to record a payment made through PayPal, as this is the same way you would do so for Square.
Please let me know how you go.
