Hi there

Im an ex user of Sage for my old Business.
I have now closed this business and have started a new one, I only use mac now not PC so am trialing the First Edge software.
It a very simple/basic business purely trading on Ebay and Amazon.
Here is my problem.
My main source of Income for invoices is Paypal. But for every transaction they take a fee.
I have created sales invoices for the correct amount for each day of trading, but when I do my weekly transfer of funds to clear the 7 daily invoices, i need also to discount the paypal fee which has been taken after the sale and record this to an nominal account in the accounts list.
Can anyone tell me how to do this ?
In sage, I used to create a credit note and when recieving money for invoices used to recieve the correct amount for each invoice and then apply a credit note for the paypal fee which would then deduct that amount and make the final reciept of funds accurate.
I cannot find out exactly how to do this in First Edge and I'm a bit stuck - Any advice appreciated.
Many thanks
Rich

We don't use paypal, but do use credit cards and have fees associated with them. We post all payments to "Undeposited funds" account. Then go and post payments to our checking acct in the "Make deposits" window. We then use the deposit adjustments to subtract the fee amount and allocate that to a "credit card merchant fee" account. When the total is equal to what was actually brought to the bank it is accepted. It's really easy. Good luck

thanks - that seems to work ok, cheers for the help.