Paypal transaction split confusion

[trythis]

Wm... wrote
> On Sat, 16 Apr 2016 06:09:22 -0700 (PDT), in
> gmane.comp.gnome.apps.gnucash.user, trythis <

> grahamlane@

> > wrote:
> 
>> I am trying to make my paypal income work with the transaction fees is
>> one
>> transaction with a split.  I am doing books for a no profit so the fees
>> need
>> to be subtracted connected to the donations, at least I think so, I am
>> not a
>> pro.
>> 
>> Assets:Paypal [Increase $5.00]
>> Income:event [decrease $4.59]
>> expense:bank fees [decrease $0.41]
>> 
>> The balance for paypal is still $5.00 because its not deducting $0.41
>> from
>> the paypal account, obviously.
>> 
>> How do I do this without creating a separate transaction for each fee?  
> 
> It isn't clear to me what has actually happened here.
> 
> If you have 5 in your paypal account then that that may be made up of
> Income:Event  4.59
> plus
> Income:BankFees .41
> 
> You say you are a non-profit, have the bank fees actually been paid by the
> person making the donation?  If so the BankFees are Income (an Expense you
> didn't have to pay) for your org.  The bank fees are an Expense of the the
> donor and Income for PayPal really, you're just recording it.
> 
> I am not sure...
> 
> They think they are giving us $5.00, 12 times a year but either the non
> profit org (NPO) is losing 0.41 or the the donor is but the paypal
> statment shows the $5 and 0.41so I am guessing I need to show that in the
> event that the donor asks for a receipt for tax deduction purposes. I need
> to show for all of 2015 that they paid $60 in donations, and that $4.92
> went to transaction fees. This makes me think I must record it as an
> expense.  How do I put that on the invoice?  Or do I have to make a
> separate transaction in the Asset:Paypal ledger each time someone makes a
> payment to us on Paypal or Square. If we took credit card payments the
> process needs to be the same.  When a for profit sells something, they
> don't show the customer the transaction fee, it doesnt matter to them but
> I dont know if that is the same for an NPO.
> 
> 





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