Transaction/Payment Fees Tagging

How to tag card processing fees. I have Woocommerce shop (WooPayments Transaction Fees) and tag them as bank charges. Is it OK?

Hello @awariat

If the fees need to show on your vat return then you would need to raise an invoice for them based on a statement provided by Woocommerce if not then yes it is fine to tag them to the bank charges code.

There is VAT invoice from Ireland. I do service vat reverse, but what is it - still bank charges?

That’s how I used to classify the same thing from Stripe.

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