Interest and bank costs of account (Beta)

Disclaimer

All screenshots in the article were taken in the Dutch version of Nmbrs Accounting.

In Nmbrs Accounting, you can generate a specific overview for each bank account, credit card, or online payment provider showing all posted interest and bank fees.

Accounting processing

The overview includes only transactions recorded in the relevant GL accounts:

• Interest Income (Interest received on positive balances)
  GL account 85000 Interest income, type: Financial income (Revenue)
• Interest Expenses (Debit interest paid or credit fees)
  GL account 86000 Interest paid, type: Financial expenses
• Bank Fees (Fixed package fees, transaction fees, and surcharges (generally exempt from VAT))
  GL account 45800 Bank costs, type: Operating expenses.

Permissions and roles

Only a user with the 'Management', 'Financial administration', or 'External accountant' role can view the interest and bank costst of bank accounts.

Access to Interest and bank costs of account

To access:

• click on the Bank icon in the navigation bar
• click on Bank accounts
• click direct on the bank account name
  OR
• hover your mouse over the relevant bank account line, clicking on the button with the three dots and then selecting View from the dropdown menu.
  
  
• in the now-opened screen, select the option to show the Interest and bank costs view.

Interest and bank costs overview

This overview showsall historical and current interest and bank fee entries for the selected account.