Credit Card Fees Expense - Sovos Statutory Forums

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Credit Card Fees Expense

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#1

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07-27-2020, 02:36 PM

TriciaP-FMIC TriciaP-FMIC is offline

TriciaP-FMIC is offline

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Join Date: Jun 2010

Posts: 54

Credit Card Fees Expense

What is the appropriate line of the income statement to record the fees incurred by the insurance company for credit card payments made by insureds?

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#2

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07-29-2020, 12:15 PM

Debbie

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Booke Seminars

Join Date: Oct 2000

Location: North Carolina

Posts: 4,832

You posted this question in two separate forums. I have forwarded the one posted in the Property accounting post to the appropriate staff. Someone should reply soon.

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