PayPal fees invoiced to us from Contractor | AccountingWEB

PayPal fees invoiced to us from Contractor

Hi, We receive invoices from contractors that relate to COGS which we pay using PayPal. On the invoice the contractor charges an additional 5% to cover the PayPal fee they incur. Does this 5% PayPal fee they invoice us for also go to COGS? I assume it does since it is a cost they are invoicing us for. It is not a PayPal fee my company has directly incurred. Thanks a lot!

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Woah

cparker87 |

We pay using PayPal because

davidmjones1 |

A number of utilities charge ...

JC |