Creating a bank journal entry is utilized for reconciling those bank entries that are associated with the business of banking, such as bank fees as well as other items that may flow through the bank account that has not been captured in daily transactions such as interest earned.
- To Reconcile these items in the banking section of Smartwebs, go to Accounting > Banking > Bank Accounts.
- Choose the bank account you are working in.
- Once Reconciliation has begun, inside the bank account you will find a tile which reads Add Bank Charge/Credit
- From here, you will add your bank journal entry. Once done, click post. This will post to your bank as a matched item.
