FrontAccounting forum — Bank Account Charges

Re: Bank Account Charges

2019-02-13T16:04:11Z

Thank you for the explanation.

Re: Bank Account Charges

2019-02-13T15:50:40Z

Correct @apmuthu.. just to add an example.. Supplier Payment charges thru Bank Transfer where the Bank is charging you a transfer fee( if any).. In certain situations these charges are subject to VAT (Taxes) that you might be able to claim back.

Re: Bank Account Charges

2019-02-13T15:26:23Z

Bank Account Charge is where you would have the contra entry for transactions that the bank injects like Account Maintenance Charges, Interest on Loan Account, Credit Card charges (not the direct spend), instrument clearing charges, exchange conversion fees, etc.

Re: Bank Account Charges

2019-02-13T13:43:21Z

The question is, what can I do for this definition?.
I see that in GL configuration, but I have no idea when the account is affected or where.
Is useful? for what?

Re: Bank Account Charges

2019-02-13T03:08:30Z

Provide example of GL Entries you wish to achieve - voucher specifics.

Bank Account Charges

2019-02-12T21:20:09Z

Hi, I need to know how to use Bank Account Charge.

Thank you.