I have 120+ global subscribers in my society. They pay an annual subscription fee of £25. Most, but not all, pay by PayPal, which deducts a fee that varies but is about 3.5%. The others pay by Bank transfer or even by cheque.
I am unsure how to treat the fee for the subs paid by PayPal. As a society, we accept the reduced revenue since we find PayPal makes it easier for members to pay, and hence we have less hassle chasing members for their sub.
What suggestions does anyone have about how to treat these fees? I want them to be allocated as an overhead to a separate nominal account. I have read the knowledge base but the section on PayPal fees doesn’t help.