Amex surcharges
We pay suppliers with Amex where we can and some merchants charge a surcharge. How do I account for that?
Do I just add it to the supplier invoice (post payment) under expenses?
It’s worth having a chat with your accountant over how they would like you to account for these surcharges as there are different ways that you can account for this surcharge. Two ways that spring to mind are adding the surcharge to the invoice or by using the Finance Charge field on the Pay Bills window.
Your accountant will have their preferred method of accounting for the surcharge and will be able to advise you on any relevant accounts to use in the process
