Within the Oracle NetSuite bank reconciliation module, the most direct and simplest method for recording bank service fees is to use the "New Charges" subtab. This feature is specifically designed to create the necessary expense transaction directly from the reconciliation page. It allows the user to debit the appropriate expense account (e.g., Bank Service Charges) and credit the bank account in a single, integrated step. This ensures the transaction is immediately available on the reconciliation screen to be marked as cleared, streamlining the entire process.

A. post a write check transaction: This is incorrect because a "Write Check" transaction is used for paying vendors or third parties, not for recording a fee charged directly by the bank.

B. enter on the new deposit subtab: This is incorrect as the "New Deposit" subtab is used to record incoming funds (credits) like interest earned, not outgoing funds (debits) like service fees.

D. post journal entry: While a journal entry can record the transaction, it is not the "simplest" method within the reconciliation workflow, as it requires navigating away from the reconciliation page.

1. Oracle NetSuite Help Center. SuiteAnswers

Reconciling a Bank Statement

Answer ID: 9911. This official documentation details the bank reconciliation process. In the section "To reconcile an account

" it describes the subtabs available on the Reconcile Bank Statement page

including "New Charges

" which is explicitly for entering bank fees and other debits that appear on the statement but are not yet in the general ledger.

2. Oracle NetSuite Help Center. Banking Guide

Chapter: Bank Reconciliation. The guide explains the functionality of the bank reconciliation page

stating that users can add new charges such as bank fees directly on the page to ensure the NetSuite balance matches the bank statement. This confirms the intended use of the "New Charges" feature as the most efficient method.