Recording Bank and Service Fees
Recording bank fees in Spectrum is done using the Cash Management Bank Reconciliation screen. The following two-part procedure will guide you through this process. Part A describes adding the fee and applying it to the appropriate General Ledger account, while Part B describes updating the transaction and posting it to the General Ledger.
Important: In order to post Cash Management transactions to
the General Ledger upon update, the Cash Management transactions checkbox must be selected
on the General Ledger Installation – Properties tab.
