Invoice Payments categorization & Payment Gateway service charges
How do I settle/treat the following transaction categorization scenario in Zoho books?
1// I sell my services using a payment gateway to Customer A for Rs.100, Customer B for Rs.200 and Customer C for Rs.500. Each of them is invoiced for the respective amounts.
2// Each customer pays via the payment gateway. The Payment gateway settles each transaction separately and remits the payment to my bank account MINUS
its service charges & corresponding GST.
3// At the end of the month, the payment gateway sends me a SINGLE bill for the 3 service charges. There is a GST component included which I need to factor in for input credit.
Now, since the vendor (payment gateway) sends a SINGLE bill at the end of the month, how do I categorize each of the Customer payment against the respective invoices and also the payment gateway vendor bill ?
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