Add an entry type to a charge

1. Go to the Entry types (CA203000) window.
2. Click .
3. In the Entry type ID column of the new row, type an identifier for the new entry type.
4. In the Disb./receipt column, select Disbursement.
5. In the Entry type description column, provide a description that will let users easily identify the entry type.
6. In the Workspace column, select Cash management to specify that a transaction based on this entry type will affect the balances of general ledger accounts only.
7. In the Default offset account column, select the general ledger account of the expense type to keep records of the bank charges of this specific type.
8. In the Offset subaccount column, select the subaccount for recording charges of this specific type.
9. If the bank will deduct finance charges of this entry type from the customer ledger payment amount, select the Deduct from payment check box.

Once bank charges have been configured, you can apply them to payments by using the following windows:

• Supplier payments (AP302000): To add charges to checks, prepayments, adjustments, and refunds
• Customer payments (AR302000): To add charges to payments, prepayments, and returns
• Cash sales (AR304000): To add charges to cash sales
• Funds transfers (CA301000): To add expenses to funds transfers
• Bank deposits (CA305000): To add charges to bank deposits

You can also use the Entry types (CA203000) window to configure entry types that you will use to register finance charges.