How do you handle Wire Fee Adjustments?

Epicor ERP 10
1

Version 10.1.400.20

When we receive payment by Wire Transfer, the bank takes a Wire Fee.

We want to credit the customer account for the Gross Amount of the payment and then debit the GL account for the Wire Fee.

We are wondering what other users are doing to do this.

Thanks for any help.

2

If you’re using an A/R Receipt transaction, you fill in the Header portion for the full amount and then go to the Bank Fee tab and enter your Wire Fee (which must be set up as a Bank Fee first).

Mark W.