Learn how to configure bank charges, calculation rules, deviation limits, and the applicable accounting treatment.

1. Navigate to Settings > Cash Apps > Adjustments.
2. Select +adjustment.
3. Enter the Title and Description.
4. Set the Calculation method to Rule-based.
5. Since bank charges are calculated on the entirety of the payment amount, select Payment Amount.
6. For Apply select one of the following options:

   • To write off bank charges against the invoice, keep On Invoice selected.

   • To record bank charges as an expense journal entry, select As Expense Journal Entry. You can then enter the expense chart of accounts details at the end of the form

7. Set the allowed deviation to define the maximum amount that can be written off. For example, set the deviation to 1% and the maximum allowance to $50.00. Bank charges cannot exceed $50.00.
8. When you finish entering the values, click Save.