Sales Invoice with Commission Deducted

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Conceptually it isn’t really different to taking a credit card payment where the card company skims off their percentage. My reaction is to treat the market place as if it was a merchant account. This is covered in the knowledgebase.

Handling payments from merchant accounts

Many businesses these days receive daily payments from online payment providers like PayPal, GoCardless, Worldpay, SagePay etc as well as fixed terminal card systems like Streamline, Barclaycard Merchant Services, etc. Often we don’t want to spend the time putting in every single sales invoice into the accounting system and fortunately, we don’t need to. This guide will explain how to save time and log your sales in bulk. The basics When you upload your current account statement into QuickF…