• Create a Chart of Account in the General Ledger associated to Merchant Fees.

  • New - - Profit & Loss - (by your company structure) - (by your company structure) - (by your company structure) - - Operating Expense.

    Type

    Account Number

    Subaccount

    Description

    Category

  • Create a General Ledger Adjustment reason tied to the Chart of Account you just created for Merchant Fees.

  • New - - Merchant Fees - Merchant Fees - (in our case Account# 6528) - (Accounts Receivable).

    Reason

    Description

    Expense Account

    Adjustment Type

  • Moving forward our New Adjustment Reason will appear in the Cash Back "Buckets" in the Bank Deposit Screen and can be used while doing a Bank Deposit for the Merchant that deducts fees.