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in Saudi arabia once we made payment to vender from our bank to another bank. bank charge us transaction fees and the vat over the transaction fees. the bank statement shows the total amount which includes vender, transaction fees and VAT.

for example : $1500 is vender bill, once we pay him $1500 bank add his $1 transection fees and 15% of $1. so the totel debit in the statement show $1501.15.

in our oddoo accounting we want to split this amount in vender payment, bank charges and vat. how can we split this amount to reconsile the bank statement.

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Best Answer

One of the solution is while doing bank statement reconciliation you can choose manual operation for the rest amount and split those amount by choosing proper accounts where exactly you want. 

I am doing this currently for my instance. 


Hope this will help you.   

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