How to record bank Interest

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Subject Author Date How to record bank Interest plbrown 03-31-2007  Re: How to record bank Interest L 04-02-2007
Posted by plbrown on March 31, 2007, 9:30 am Please log in for more thread options I'm reconsiling the accounts and the first window gives me the option to add interest earned. But I've got bank interest to pay. How do I enter this? Peter Posted by L on April 2, 2007, 10:18 am Please log in for more thread options > I'm reconsiling the accounts and the first window gives me the option > to add interest earned. But I've got bank interest to pay. How do I > enter this? > ?? If the account you are reconciling is type "bank" - then the options in the window are Service Charge and Interest earned. If the account you are reconciling is type "credit" - then you have an option to enter Finance charges. You have the opportunity to select the account(s) the charges are posted to. Similar Threads Posted Problem: Won't record bank payments May 22, 2007, 8:31 am How to have liability acrue interest but not show as payment? October 29, 2008, 7:08 pm Long Term Liability needs to add interest to balance February 2, 2009, 7:54 pm Record Expenses with Sales tax. August 2, 2006, 1:21 pm How do I record a pass-thru transaction? August 31, 2006, 4:32 pm Double Customer Record June 4, 2007, 10:41 am How to record a "cost" to pay a subcontractor? January 31, 2008, 8:44 am QB 6 NUE Mac won't give "Record" button in accounts! Help! July 19, 2006, 9:17 pm Bank Transactions September 15, 2007, 7:19 pm Bank Reconciliation Question August 23, 2006, 4:24 pm