A customer paid $1000 on account, bank withheld a wire tsf fee e.g. PMT $1000 fee $50, DEP $950. How can this be posted from the bank feed as a customer pmt of $1000?

Hello there, Henry.

To record your customer payment in Bank Feeds, you can use the Bank Deposit feature alongside the payment details.

Here are the steps you can follow:

1. Select + New.
2. Under Other, choose Bank deposit.
3. From the Account dropdown, select the bank account where the wire transfer was deposited.
4. Enter the Date when the wire was received.
5. (Optional) On the first line, specify who the wire was Received From.
6. Identify the income Account related to the transfer, or enter Accounts Receivable (A/R) if the transfer is intended to pay an invoice.
7. Enter Wire Trans or WT under Payment method.
8. You can add this payment method if it does not appear in the list.
9. Specify the transferred Amount.
10. If any fees were deducted from the actual deposit, on the next line, enter the expense Account that tracks wire or bank fees and the total Amount of the fee, entered as a (-) negative amount.
11. Verify that the balance of the deposit matches the actual amount deposited to the account.
12. Select Save and close.

Once the transaction appears in the Bank feeds, make sure to match it to the deposit.

If you need further questions or help, feel free to comment below.