Accounting and bookkeeping - Payment gateway

Nemama

Registered User
Messages
74
Hi all,

Do you submit the POS and payment gateway fees as business expenses? If so, do you present to the revenue an account statement or invoice?

Thanks
 
Of course you do. They are valid business costs.

Most payment processors will provide a statement. If it's something like sumup who deduct commissions before settlement, just use the net lodgement as the income
 
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