Fields in the Record Service Charges and Interest Earned window

Fields in this window
Record Service Charges and Interest Earned window

Window Overview | To use this window | Fields in this window | To find this window

Account

This field displays the account you entered in the Reconcile Accounts window. This is the account you're reconciling.

The service charge or interest earned will be recorded in this account.

Service Charges

Service Charge

Enter the amount of the service charge.

ID #

When you begin to create a transaction in this window, this field automatically displays the next SC (Service Charge) number available.

If you enter a number here, consider leaving the SC prefix assigned to the number, so it's easy for you to distinguish the transaction as a bank entry transaction. If you choose to enter a number in the ID # field, the next time you record a bank entry transaction, the default ID number will automatically revert to the next available SC number; it won't increase the number you entered by one.

Date

The date entered on the Reconcile Accounts window appears automatically. Enter a different date if you wish.

Use the Calendar function, if you like, to select and enter the date.

Expense Account

Enter the expense account you want to assign to the service charge transaction.

Memo

Enter a description of the transaction. This description will appear on various BusinessBasics reports, as well as journals.

Interest Earned

Interest Earned

Enter the amount of interest you earned.

ID #

When you begin to create a transaction in this window, this field automatically displays the next IE (Interest Earned) number available.

If you enter a number here, consider leaving the IE prefix assigned to the number, so it's easy for you to distinguish the transaction as a bank entry transaction. If you choose to enter a number in the ID # field, the next time you record a bank entry transaction, the default ID number will automatically revert to the next available IE number; it won't increase the number you entered by one.

Date

The date entered on the Reconcile Accounts window appears automatically. Enter a different date if you wish.

Use the Calendar function, if you like, to select and enter the date.

Income Account

Enter the income account you want to assign to the interest earned transaction.

Memo

Enter a description of the transaction. This description will appear on various BusinessBasics reports, as well as journals.

Cancel button

Click this button to erase any entries you've made and close the window.

Record button

Click this button to record the information you've entered in this window. The window will close, and the Reconcile Accounts window will reappear.

Account	This field displays the account you entered in the Reconcile Accounts window. This is the account you're reconciling. The service charge or interest earned will be recorded in this account.
	Service Charges
Service Charge	Enter the amount of the service charge.
ID #	When you begin to create a transaction in this window, this field automatically displays the next SC (Service Charge) number available. If you enter a number here, consider leaving the SC prefix assigned to the number, so it's easy for you to distinguish the transaction as a bank entry transaction. If you choose to enter a number in the ID # field, the next time you record a bank entry transaction, the default ID number will automatically revert to the next available SC number; it won't increase the number you entered by one.
Date	The date entered on the Reconcile Accounts window appears automatically. Enter a different date if you wish. Use the Calendar function, if you like, to select and enter the date.
Expense Account	Enter the expense account you want to assign to the service charge transaction.
Memo	Enter a description of the transaction. This description will appear on various BusinessBasics reports, as well as journals.
	Interest Earned
Interest Earned	Enter the amount of interest you earned.
ID #	When you begin to create a transaction in this window, this field automatically displays the next IE (Interest Earned) number available. If you enter a number here, consider leaving the IE prefix assigned to the number, so it's easy for you to distinguish the transaction as a bank entry transaction. If you choose to enter a number in the ID # field, the next time you record a bank entry transaction, the default ID number will automatically revert to the next available IE number; it won't increase the number you entered by one.
Date	The date entered on the Reconcile Accounts window appears automatically. Enter a different date if you wish. Use the Calendar function, if you like, to select and enter the date.
Income Account	Enter the income account you want to assign to the interest earned transaction.
Memo	Enter a description of the transaction. This description will appear on various BusinessBasics reports, as well as journals.
Cancel button	Click this button to erase any entries you've made and close the window.
Record button	Click this button to record the information you've entered in this window. The window will close, and the Reconcile Accounts window will reappear.