Field

Value

Bank Account

Micronet displays the Bank account being reconciled.

Description

Enter a description of the bank charges.

Reference of Charges

Micronet displays "Bank Charges". You can change this if required.

Amount

Enter the amount of the bank charges.

Expense Account

Enter the expense account to post the charges to, or press Enter to select an account.

BAS Flag

Micronet displays the BAS flag entered against the selected expense account. However, you can change this if required to process the transaction with an alternative BAS section.

GST Posting

Select whether the payment amount includes GST. Options are:

• No
• GST Input Credit
• GST Collected.

T1 Account, T2 Account

If T accounts are enabled in your system, enter the T1 and T2 accounts associated with the bank charges. These override the default T1 and T2 accounts set in your company configuration (refer to "Configuring T Accounts").

T3, T4, T5

If T accounts are enabled in your system, enter the required T accounts.

Date

Micronet displays today's date as the date of the bank charges. You can change this if required.

Period

Micronet displays the current GL period. You can select another period if required.

Presented

Select whether the bank charges should be presented or unpresented on the Bank Reconciliation.

Date Presented

Micronet displays today's date as the date the transaction was presented. You can change this if required.