How do I enter bank fees such as bill payment fees, transaction fees and ,monthly maintenance fees i

Alicia Milverton
Alicia Milverton Member Posts: 10 Novice Member Novice Member
edited August 2019 in Accounts Hosted
How do I enter bank fees such as bill payment fees, transaction fees and ,monthly maintenance fees in Reckon Accounts? Thank you.

Comments

  • Zappy
    Zappy Accredited Partner Posts: 5,252 Accredited Partner Accredited Partner
    edited August 2019
    You can write a cheque allocate it to bank fees.
  • Mannkobe
    Mannkobe Member Posts: 2 Novice Member Novice Member

    Did you sort this out? I have the same question

  • Acctd4
    Acctd4 Accredited Partner Posts: 4,209 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    edited September 2023

    For stand-alone charges - such as bank account fees - enter these via a Write Cheque out of the applicable bank account.

    For credit card surcharge fees charged on a payment, some people choose to include this as part of the transaction’s expense. I prefer to add this as a separate line, posting to Bank Charges ☺️

  • Zappy
    Zappy Accredited Partner Posts: 5,252 Accredited Partner Accredited Partner

    @Acctd4 do you alter the invoice? How do you make the bank feed work?