UNIKBOK / Swedish bookkeeping examples / Bank feesPå svenska
How to book bank fees
The bank charges SEK 1,000 in fees from the business account. Bank fees are exempt from VAT.
How to book it
Both methodsBoth methods
| Account | Account name | Debit | Credit |
|---|---|---|---|
| 6570 | Bankkostnader (Bank charges) | 1,000 | |
| 1930 | Företagskonto (Business bank account) | 1,000 | |
| Total | 1,000 | 1,000 |
Common mistakes
- Deducting VAT on bank fees, which are exempt from VAT.
The UNIKBOK accounting software has a ready-made template for bank fees. Take a photo of the document, and the software suggests the accounts, VAT and journal entry for you.