FrontAccounting forum — Adding Interest to Bank Accounts

Re: Adding Interest to Bank Accounts

2012-07-22T13:43:47Z

You can use the same account for bank interests, however you may also have an interest account for debits and one for credits.

Joe

Re: Adding Interest to Bank Accounts

2012-07-22T10:49:12Z

Hi Joe

Thanks for a quick reply. I guess the question is when using bank deposit i also have to choose a GL. Would you then create a GL specifically to capture Interest per bank account.

Cheers

Dave

Re: Adding Interest to Bank Accounts

2012-07-21T13:02:00Z

You simply enter them directly in bank deposit / bank payments.

Joe

Adding Interest to Bank Accounts

2012-07-21T10:55:33Z

Hi All

Wonder if you can help me out. I have got FA working fine now but wonder the best way to add interest to my Bank Accounts.

Cheers

Dave