How to Record Bank Charges in Quickbooks?

How to Record Bank Charges in Quickbooks?

Today we will tell you How to Record Bank Charges in Quickbooks? We will know about this in detail and tell you How to Record Bank Charges in Quickbooks?

What Is Quickbooks?

Quickbooks is a software that has made it easy for small business to big business, who are small traders or big traders, they used to have a lot of problem to manage their account but quickbooks software has made it very easy, this software is very easy. It is simple and everyone will run this software, with many features in this software, today we will talk about one such feature that How to Record Bank Charges in Quickbooks?

When you make bank transactions for your small business with QuickBooks, you may sometimes need to record bank charges. The QuickBooks application handles bank charges in the same place you record the check at the register. Once you have entered your bank fees, you will be able to properly reconcile your company's bank accounts with your bank statements.

How to Record Bank Charges in Quickbooks Online & Desktop.

Step1 First you open QuickBooks Account then you open your company file in Quickbooks.

Step2 Click "Banking" from the top of the Quickbooks application window

Step3 [And then click on "Use Register".

Step4 Then click on the bank account for which you want to record the fees from the pull-down menu and then click on the "Ok" button.

Step5 After selecting the bank account, click on the "Date" field in the blank transaction section in the register. Enter the date of Bank Fees.

Step6 Next, type the amount of bank fees in the "Payment" field.

Step7 After typing Bank Fees, click on the option of "Bank Service Charges" from the "Account" pull-down menu.

Step8 Now you click on "Record" to enter the fee.