The best way to post bank service fees or a refund for a bank fee is to use the Expense Adjustment entry. The expense adjustment entry is similar to a check without a payee.
- From the Checkbook screen, click "Expense Adjustment." This button is near the Check and Deposit buttons.
- In the amount box, type in the amount of the fee. Since it is a fee, you will need to type in a negative sign "-" before the amount. See the example below.
- Fill in the remaining part of the adjustment like a check. The only difference is that for the amount will again be negative. See the example below.
A refund for a bank fee or service charge will be posted in a similar manner. The difference is that all amounts will be positive.
