Tagging Bank Charges and commission

How do I Tag bank charges? When I click on ‘tag me’, I’m not sure what to do…

You can select the option “Something else not on this list”. Then select the category “Bank charges” and add a brief description. This is the quick way!

The other way (as the red message above indicates) is to post it to a supplier, so then you would select the option “Supplier payment”, create a new supplier for your bank (if one doesn’t already exists), then complete the form as follows.

The second method will allow you to more easily group together all your bank charges payable to a particular bank. I.e. slightly better reporting!

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