How to handle CC fees you paid while paying a supplier

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1

Hi guys,

Long story short, I have a payoneer account and when I used the credit card to pay a vendor, Payoneer actually debited 3.5% to my CC.
Any idea on how to handle this fees? Basically each time I used their CC I pay an extra 3.5% over the pricetag of whatever I am paying for.

//PayPal doesn’t sound too bad now. hey?

2

This is usually done as part of bank reconciliation. All you need to do is to make a Journal Entry to debit “Bank Charges” and credit your Payoneer account

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