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Another mixed split transaction question

doug_abdoug_ab Member Posts: 2

Sorry if this was covered already, but I searched and didn't see an answer that fit my situation.

I regularly receive deposits from a well known online retail marketplace. These deposits reflect sales minus refunds minus fees. So a $1000 deposit for example might include $1900 in sales income, $50 in refunds, and $850 in fees. When I was using Quickbooks I split the transaction and put those fees in an expense category. This allowed me to output gross sales and expenses on the P&L and enter those amounts as such on Schedule C.

So I can't mix income and expenses in a split transaction on Wave I see. How would you recommend entering this transaction without changing those transaction amounts and entering them separately?

in Accounting Technical Support

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