6010 Bank Charges
Bank service fees, wire fees and card-processing charges. Where Stripe and Square fees land by default.
In Solo Superstars
Card payments post their fee here automatically. A net bank deposit is grossed up so the fee is visible rather than hidden in a smaller sale.
Example
A $36 Stripe fee on a $1,200 payment: debit 6010 36 alongside the payment entry.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- processing fees
- merchant fees
Related
- Processor fee — What Stripe, Square or PayPal keep from a card payment. Booked as an expense so revenue stays gross.
- Processor fee gross-up — When a bank deposit is net of fees, the app records the full sale and the fee separately instead of a smaller sale.
- 1310 Stripe Clearing — Created when you connect Stripe: the net Stripe balance that customers have paid but Stripe has not yet paid out to your bank.
- Chart of accounts — The list of buckets your money can be sorted into: assets, liabilities, equity, revenue, expenses. New workspaces start with a default set you can rename or extend.
- Default chart — The chart of accounts every new workspace starts with, numbered the way QuickBooks users expect. Yours may have been renamed or extended since.