Bank Rec: Option to add pre-defined bank fee to subtotal when reconciling payments
My payment provider has recently started taking their fee percentage prior to the deposit, versus charging me at the end of the month.
This has caused each of my deposits to mismatch the invoice total.
Meaning, I need to add a bank fee on each individual transaction.
It would be EXTREMELY useful to have a "default bank fee" or "default credit card fee" button that would:
1) Remember the Contact as [Payment Provider] (currently have to type that in manually)
2) Add a default description "Credit Card Processing Fee"
3) Allocate the charge to an account [5150 - Credit Card Fees] (currently have to type that in manually)
4) Allocate the Tax Account (currently have to type this in manually)
5) Add the amount that the total is out by (currently have to type that in manually)
I have attached a .gif of me doing this manually. This is THE SAME PROCESS for EVERY SINGLE BATCH TRANSACTION and thus would save 1000s of man hours daily across your userbase.
Francois Viljoen
shared this idea
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Sasha Nicely
commented
Yes please!! This would be a huge time saver
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Ian McDonald
commented
I fully support this suggestion. And I would add that it is also relevant to payments. Most of my payments appear in the bank statements with the bank's fee added on. So when I match the payment to a supplier bill, I am left with an Adjustment amount. Currently , I can select 'Bank fee' but have to add in all the field details. But it makes much more sense, from a User's perspective, to select the Bank Fee option and have the fields autofilled, defaulting to a/c 5101 (Bank fees) , with the option to edit the fileds or code if preferred. Believe it or not, having to fill in these fields, as is currently required, doubles the time that we have to spend in reconciling a bank statement line item.