where do i record the bank charges from the bank statement during reconciliatio?
Hello, that is a great question! If you are using QuickBooks Online, watch our video tutorial on How to Process a Bank Reconciliation ;in this video I cover where the bank charges belong:https://fitsmallbusiness.com/bank-reconciliation-quickbooks-online/
If you are using QuickBooks Desktop, there is a field where you can enter Bank Service Fee; it’s in the same section as the field where you enter the ending bank statement balance.
However, if you have multiple bank charges it might be better to just enter those directly in the check register.
All the Best-
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