How do I record the bank charges incurred for purchases?

You can record the bank charges as an Expense. Here’s how:

  • Go to Purchases on the left sidebar and select Expenses.
  • Click + New in the top right corner of the page.
  • Select the Expense Account as Bank Fees and Charges or any desired account in which you want to track the charges.
  • Enter the necessary details.
  • Click Save.

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