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Subject Author Date
How to record bank Interest plbrown 03-31-2007
Posted by plbrown on March 31, 2007, 9:30 am
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 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
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> 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.



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