Recording Bank Charges incurred, or Bank Interest charged

To record bank charges that you have incurred on an account you use the “Cheque Book” screen.

The cheque book screen is used to record the payment of money from a bank account that is not related to sales or purchases.

The "Cheque Book" screen is accessible from the "Banking" menu.

To create a new cheque book entry press the "+" button at the top right of the screen.

Select the bank account that the bank charges were deducted from. Set this in the "Bank Account" field.

Select the account that the money relates to. For bank charges this would be something like "Bank Fees" expense account.

Enter a description, select the date when the charges were deducted, and enter the amount of the charge that was deducted.