How to enter bank fees and interest earned

While doing your bank reconciliation, you may come across bank fee charges or interest earned on your bank statement that hasn't been entered into Eclipse, you can easily enter these from the bank reconciliation screen.

Bank Fees

1. In the Bank Reconciliation screen, click Fee/Int Entry.
2. In the top half of the screen, enter the Fee/Charge Amount, and GST if applicable.
3. Enter a Reference and the Date of the charge.
4. Click the 3 Dots in the Acct# line to select the relevant GL Account that you use to represent the expense for bank fees.
5. You can enter a Client by clicking the 3 Dots, however this is not required.
6. Enter a Narration.
7. Click Record.

Interest Earned

1. In the Bank Reconciliation screen, click Fee/Int Entry.
2. In the bottom half of the screen, enter the Interest Earned Amount.
3. Enter a Reference and the Date of the transaction.
4. Click the 3 Dots in the Acct# line to select the relevant GL Account that you use to represent the income for interest earned.
5. You can enter a Client by clicking the 3 Dots, however this is not required.
6. Enter a Narration.
7. Click Record.

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