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The Credit Card companies charge a "fee" for each charge sale at the merchant. The fees are either a flat fee or a percentage of the sale total. The fees change from bank to bank and there is no real "standard" to list here, at least that we know of.

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What are some ways in which accounting for health care organizations especially not-for-profit ones tends to differ from accounting in other industries?

accounting for healthcare organizations in not-for-profit ,tend to differ from accounting in other industries.


How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?


What is specific accounting principle?

Accounting principles differ throughout the world. Whether you are an accounting student or an investor, you should be aware of the accounting principles that apply in your region.


How does computerized accounting differ from normal accounting?

Computerized accounting is done using accounting software packages and spreadsheets to compile data; traditional bookkeeping is done in long form using ledgers and accounts receivable and accounts payable forms.


Why do accounting systems of different countries differ?

Accounting systems of different countries differ because accounting is shaped by the environment in which it operates. Each country's accounting system has evolved in response to the local demands for accounting information. Because of globalization of capital markets, the lack of comparability has become a problem as transnational financing and transnational investments have grown rapidly in recent decades. Due to the lack of comparability, a firm may have to explain to investors why its financial position looks very different on financial reports that are based on different accounting practices.

Related Questions

Does sales made on credit cause accounting profit and cash flow to differ?

Yes, because due to sales on credit sales are accounted for when they are occurred while cash is received in some future time that;s why accounting profit and cash flows differ due to recognition timing difference.


What are some ways in which accounting for health care organizations especially not-for-profit ones tends to differ from accounting in other industries?

accounting for healthcare organizations in not-for-profit ,tend to differ from accounting in other industries.


How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?


What is specific accounting principle?

Accounting principles differ throughout the world. Whether you are an accounting student or an investor, you should be aware of the accounting principles that apply in your region.


What is specificity principle?

Accounting principles differ throughout the world. Whether you are an accounting student or an investor, you should be aware of the accounting principles that apply in your region.


How does M.phil differ from a master's degree?

They are largely equivalent.


How does computerized accounting differ from normal accounting?

Computerized accounting is done using accounting software packages and spreadsheets to compile data; traditional bookkeeping is done in long form using ledgers and accounts receivable and accounts payable forms.


How do installment loans and credit cards differ?

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Why do accounting systems of different countries differ?

Accounting systems of different countries differ because accounting is shaped by the environment in which it operates. Each country's accounting system has evolved in response to the local demands for accounting information. Because of globalization of capital markets, the lack of comparability has become a problem as transnational financing and transnational investments have grown rapidly in recent decades. Due to the lack of comparability, a firm may have to explain to investors why its financial position looks very different on financial reports that are based on different accounting practices.


How the needs and expectations of different types of customers can differ?

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How does management accounting differ from cost accounting?

Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.


How would the process of obtaining feedback from internal customers differ from the process of obtaining feedback from external customers?

The process of obtaining feedback from the internal customers is usually easier and cheaper as compared to obtaining feedback from external customers.