Formal accounting standpoint (think like the IRS): When any charges COULD be recovered, they should. Not charging expenses to customers will lower income or profit (and thus deprive the taxman of tax).
If you decide not to bother to recover wire transfer charges, that is a commercial decision. I think that kind of expenses should be booked as marketing charges. But that is merely a theoretical problem given the amounts in question. Practical standpoint (same IRS): Hell, ever chase away customers with five figure bills! If needs be the IRS will pay the 10$ as long as you bring in monthly 5 figures turnover and accompanying taxes. 2011/6/30 Rich Shepard <[email protected]> > On Thu, 30 Jun 2011, Luke wrote: > > All that said, they should pay your entire invoice. You shouldn't worry >> about their wire fee--that is their problem, and their deduction. >> > > Luke, > > Most companies, particularly large ones running multi-million dollar > operations would not quibble over paying their own bank fees. Why this > company does, I've no idea. They also won't tell me their schedule for > paying vendors which is also different from other clients I've had over the > years. Shrug. I won't risk the projects I have with them for so little > money. > > Rich > > > ______________________________**_________________ > SQL-Ledger mailing list > [email protected] > http://lists.ledger123.com/**mailman/listinfo/sql-ledger<http://lists.ledger123.com/mailman/listinfo/sql-ledger> >
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