Reconciliation
LOC Reconciliation
Go into Aplos - reconciliation
Open bank account statements - Comm LOC RE Due D ****7840
Open statement in bank
In Aplos reconcile
If there is a difference, it is likely interest
Go into Aplos and make a journal entry
| Date | Debit (↑) | Credit (↓) |
| [Date of charge] | Interest Expense | FNB LOC (Liability) |
| Amount | e.g., $165.27 | $165.27 |