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Registration opens June 9. Be ready when passes drop. Get the green light now - Convince your boss

How does a nonprofit account for processing fees on donations?

in Ask A Guru 8 comments

My organization is new to NetSuite. We receive donations through Stripe, which removes the processing fees before depositing our funds. I enter the donation for the constituent for the total amount. When I go to match bank transactions, I can't because the amount deposited is less than the original donation. Is there a way to account for the fees so the donor gets full credit and still match the bank transactions?

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