Various bank fees are found on the statement: monthly fee charges for extra transactions business line of credit fee monthly interest Use journal entry template – “TD Bank fees and interest”
Unapplied payment entries
It happens sometimes that a payment does nto get applied after entering it. There might be ways to keep the payment and add entries to “fix it”. But, the simplest way I have found to correct this is to: Cancel the payment entry. Amend it. And apply it to the invoices in question.