You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How to Handle Bank Charges in Account Receivables?

edited Apr 6, 2023 5:09PM in Receivables & Collections 1 comment


The bank statement (BAI2) has the incoming credit with the bank charge deducted already.

The bank does not create a new statement line for bank fees. Once we create a receipt for the amount deposited and apply it to the invoice, the invoice will have a balance of the bank fee amount.


Invoice $100

Incoming Wire Transfer Original Amount $100

Bank Fee $25

Receipt $75

Cash Application 75$

Invoice Balance 25$

How does Cash Management handle this scenario? What steps need to be taken in Receivables for the invoice that is fully paid with a balance of $25? 

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!