Entering Stop Payment Fees

[JuliePastorMom]

We had to stop payment on a check for a vendor. Our bank charges a $30 fee for that. I'm unclear on how to enter that into PowerChurch. Do I set up the bank as a vendor, then enter as a payment? Or is there a more elegant way?

Thank you in advance.

[NeilZ]

We had to stop payment on a check for a vendor. Our bank charges a $30 fee for that. I'm unclear on how to enter that into PowerChurch. Do I set up the bank as a vendor, then enter as a payment? Or is there a more elegant way?

Thank you in advance.

What I usually did was enter the transaction in FUNDS ACCOUNTING, using any bank service charges expense account and the checking account. I would then enter the reason for the fee in the notes section.

It will then appear on the bank statement and you can reconcile it there.