How to Record a Bank Fee

This article will walk you through the steps on how to record a Bank Fee

Bank Fees are levied by financial institutions on their personal and business customers for the establishment, upkeep, and small-scale transactional services of their accounts, which can be imposed either as a single occurrence or continuously.

• First, navigate to Accounting, then Banking. Next, select Actions>New Bank Fee.
  
• Record the bank fee and attach it to the portfolio for the property management company. If you do not have a portfolio for your company, then you will need to create this first before recording the bank fee. This is so the fee is tied to a ledger but does not affect any of your owners' portfolios. Lastly, record your Bank Fee and hit Save.