- Knowledge Base Categories:
- School Accounting System
- General Ledger
FAQ: When completing the Check Reconciliation option, what should I do with an electronic transfer fee from my bank that shows on my bank statement?
Track the fee by entering and posting a manual journal entry in General Ledger or an automatic payment invoice in Accounts Payable. Do not enter an adjustment on the Adjustments screen in the Check Reconciliation option as that does not record an expense.