How do I post bank charges or a transfer between my accounts?
On Bank Transactions, add a line with no Origin Number, pick the Debit Account and the Credit Account, type the amount and Save. Each such line posts one journal entry.
Steps
- Open Bank Transactions and press New. Fill Posting Date and Transaction Journal, then Create.
- Add a line. Leave Origin Number empty. Pick the Bank Transaction Type, for example Bank charges.
- Pick the accounts. For charges: Debit the bank charges expense, Credit the bank. For a transfer: Debit the bank receiving the money, Credit the bank paying it. Type the Transaction Amount and Line Text.
- Save. Save refuses a line missing either account.
What posts
| Document | When | Debit | Credit |
|---|---|---|---|
| Bank Transactions, line with no origin | Save | The line's Debit Account | The line's Credit Account |