Expense a bank fee on the customer payment screen

Upon checking, this is covered in the enhancement request logged on Enhancement # 102645 Transactions > Accept Customer Payment : Ability to expense a bank fee on the customer payment screen. You can go to SuiteIdeas page to vote for the enhancement.

Apologies for the inconvenience this limitation may be causing you but I hope this helps clarify your concern.

According to the Enhancement details, below are the three options you may consider as a workaround:

Option 1. Use Bank Deposit

a. Invoice GL Impact

Debit: Accounts Receivable 100.00

Credit: Sales 100.00

b. Payment GL Impact

Debit: Undeposited Funds 100.00

Credit: Accounts Receivable 100.00

c. Transactions > Bank > Make Deposit.

— Use Cash Back Subtab.

— Enter the Account and the Amount.

— Mark the Payment for Deposit.

— Deposit GL Impact:

Debit: Cash 80.00

Debit: Bank Charges 20.00

Credit: Undeposited Funds 100.00

 

Option 2. Use Journal Entry

a. Transactions > Financial > Enter Journal Entries.

— Journal Entry GL Impact:

Debit: Bank Charges 20.00

Credit: Cash 20.00

b. On the Invoice > Click Accept Payment.

— Select Invoice.

— Enter Full Amount.

— Payment GL Impact:

Debit: Cash 100.00

Credit: Accounts Receivable 100.00

 

Option 3. Enter the charge during reconciliation

1. Go to Transactions > Reconcile Bank Statement. Click the Other Charge tab.

2. Enter the fee information, and click Add. Once you have reconciled your bank statement, click Save.

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