entry for card swiping charges

Others 1813 views 6 replies
hi friend of mine asked me how to pass entry of "FEE RECEIVED THROUGH CARD SWIPING" he charges 1% as card charges.hiw should he pass entry in tally


thanks in advance
Replies (6)

receipts from card swiping is entered as amount receipt against sales 

 

o thanks for your reply but how can he pass entry for swiping charges

bank dr

.   to sales 

(consider tax is applicable) 

thanks again he charges 1% per swiping some times Bank charges us below 1% so how should we treat the balance amount ..?

tell me one thing whether such 1% is charged from customer or bear by company 

he's working for a school


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