CNA L&P - Bank Reconciliation: Interest Income Service Charge Journal Entry

When do Interest Income and Service Charge Journal Entries show on a bank reconciliation? 

The interest income and service charge journal entries are created during the bank reconciliation process. When the amounts are filled in on the Bank Statement Information Screen a journal entry is being created.  


The amounts will show as a service charge and interest income during the bank reconciliation process. 

If you look at a closed bank reconciliation the Service Charge and Interest are not shown in the same area. After a bank reconciliation is closed the Interest and Service Charge show as journal entries. 





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