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Bank charges

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(Querist)
13 May 2013 How do I charge Bank charges on payments to clients. Meaning, If I receive money from my clients from other country, Bank charges my company as transaction charges. I want to charge the same to our clients. Please advice the correct procedures.
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CA Sourabh Agarwal

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CA Sourabh Agarwal (Expert)
13 May 2013 Option 1

Dr. Client
Cr. Bank

Option 2

a) Dr. Bank Charges
Cr. Bank
b) Dr. Client
Cr. Bank Charges
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Mohammed Yaseen

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Mohammed Yaseen (Querist)
13 May 2013 Many thanks Sourabh Sir
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