Bank Fees

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Bank Fees is used to view and edit all existing bank fees that you have entered  into ObjAcct.  Bank Fees are used to identify interest earned and service charges that appear on your financial statements and assign a default general ledger account to these items for use in the Reconciliation activity.

 

Examples of bank fees are:

 

Interest Earned -  Interest may be earned savings, checking or money market bank accounts.

 

Finance Charge - A finance change may be applied to a credit card account.

 

Service Charge - A service charge may appear on the bank statement for checking or savings accounts.

 

See also Bank Fees List screen; Bank Fees General and Other screens.

 

Fields

 

Account

 

Active

 

Bank Fee ID

 

Class

 
Description