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Topic starter
18/04/2025 5:33 pm
Hi Team,
I have a query regarding the bill payment.
While recording the bill payment using bank transfer, can we record bank charges on that transaction against that vendor.
18/04/2025 5:50 pm
Dear Maneesh,
the Bill payment document is designed to post only the amount paid to Vendor.
If bank charges a fee on outgoing payments, they can be posted:
1) in course of comparing the books to the bank statement (by the Reconciliation document, tab Service Charge and Interest Earned ) https://accountingsuite.io/docs/reconciliations/
2) or by the Payment document (AccountingSuite – Payments), which is designed to records payments made Vendor (Bank in that case) that will not have a bill associated with the payment.
Best regards,
This post was modified 1 day ago by Anna Diveeva
Maneesh Chauhan reacted