E-commerce
BNPL Merchant Fee Deduction (Tabby / Tamara)
Recording the fee charged by the BNPL provider for facilitating the instalment payment.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| BNPL Merchant Fee Expense | Expense (+) | 18.00 | - |
| Receivable: BNPL Provider | Asset (-) | - | 18.00 |
💡 Accountant's Note
BNPL providers charge merchants a fee (typically 3-8%) for the convenience of offering instalment payments. This is a selling expense deducted before the merchant receives their settlement.
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