abhijitrikhy wrote the following post on 9/26/2001 2:40:00 PM
I'm in the factoring business and currently, i write a lot of checks for my customers. What i would like to do is wire transfer my customers the money instead of writing checks. How should i record a wire transfer and a $40 wire transfer charge to the customers? Currently when i write a check, i use the account A/R and the customer job list is the name of the customer.