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6. Are You Recording Stripe and PayPal Deposits Wrong? How to Record Processing Fees Correctly

Girl, your customer paid you $200 through Stripe, but only $191 showed up in your bank account.

So you opened QuickBooks, saw that $191 deposit, categorized it as income, and kept it moving.

Books are caught up, right?

Girl... not exactly.

Because your business actually made $200 in revenue. Stripe took $9 in processing fees, and the remaining $191 landed in your bank account.

And if you've been recording only what hits your bank account, there's a good chance your books aren't telling the whole story.

In this episode of Girl, Let’s Talk Business Money, we're breaking down how to correctly…

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