Bank Charges

Note

To view the legacy version, please select Legacy User Guide.

Bank charges refer to fees that financial institutions impose on customers for various services, transactions, or account maintenance.

These charges can include:

  • Monthly maintenance fees
  • Transaction fees
  • Overdraft fees
  • Fees for issuing checks
  • Foreign transaction fees
  • Fees for paper statements
  • Penalties for not maintaining a minimum balance

How to view Bank Charges

Viewing Bank Charges

As per Generic Navigation options, either from left-hand navigation panel, select Charges from the Bank folder or enter Charges in the Search option.

This will then show the Bank charges on the system where normal customisation of Sets can be used. Also, depending on User roles, the My/All option will be showing.

  • Doc #: This is used to identify the Document.

  • Contact: The Contact account associated with the bank charge.

  • Description: Used to identify the bank charge.

  • Type: The bank charge type.

  • Date: The date of the bank charge.

  • Gross: The amount of the bank charge.

Tip

To modify the columns displayed, select option on the right of the column display, then tick/untick the information you want to hide or display.

How to create a new bank charge

Create a new Bank Charge

  1. Select Bank Changes from one of the options as shown above in Viewing Bank Charges.

  2. Select New or New (from template).

  3. Fill out the remaining fields.

  4. Enter the lines

    • Product: This is the Product being invoiced.

    • Account: If a Product is being used, this will be auto-completed and read only otherwise select an Account from the available list.

    • Description: Depending on the Force change setting in Chart of Accounts e.g. 10344: Materials.

      • If the Force change is not ticked, then the Description field will be auto-filled ...

        ... however it can be edited.

      • If the Force change is ticked, then the Description field will be blank and you will be forced to enter a description.

    • Project: You can link the invoice to a Project.

    • Unit: This is the Unit to measure the Product.

    • Qty: This is the quantity of the Product you are invoicing.

    • Unit price: This it the price per unit of the Product.

    Posting attributes


Updated October 2026