Here you enter the bank charge, if any. Banks often demand a fee, a bank charge, in connection with international payments. By using the button Load basic fee, a default bank charge will be loaded into this field.
The default amount can be entered by using the setting Basic fee for bank charge for payment out, under the section Accounts Payable under the Purchase tab in the Settings procedure, or you can register it directly on the supplier, under the Address/Terms tab in the Update supplier procedure.
The bank charge can be registered in the same currency as the invoice or in the system currency. Please note that if the invoice is registered in the system currency, no currency code can be selected for the bank charge.
Bank charges are recorded automatically against another account than the payment transaction's account. You will find special standard account for this purpose in the Chart of Accounts / Standard Accounts procedure in the Global Settings. The new standard account is called Balance account for bank charges. It is possible to code bank charges on the same account as the payment if you have configured the setting Bank charges are coded on the same account as the payments under Payments Out under the Purchase tab in the Settings procedure.