Standard and negotiated bank charges - examples

This functionality is specific for Japan.

  Bank charges
Payment... Standard Negotiated
to an account with the same bank branch 0 0
to an account with the same bank 40 30
in batch to a different bank 80 60
immediately to a different bank 140 100

There are four suppliers:

  • Supplier A has the same bank branch as the payer.
  • Supplier B has the same bank as the payer.
  • Supplier C has a different bank.
  • Supplier D has a different bank.

All suppliers pay the bank costs.

Tax: 5%

For each supplier there will be two invoices.

      Bank charges
Supplier Invoice Amount Standard (calculation) Negotiated (calculation)
A A001 7500 12500 (7500 + 5000 -/- (0 + 0)) 12500 (7500 + 5000 -/- (0 + 0))
  A002 5000
B B001 10000 24958 (10000 + 15000 -/- (40 + 2)) 24968 (10000 + 15000 -/- (30 + 2 rounded))
  B002 15000
C C001 20000 (B) 44916 (20000 + 25000 -/- (80 + 4)) 44937 (20000 + 25000 -/- (60 + 3))
  C002 25000 (B)
D D001 40000 (B) 39916 (40000 -/- (80 + 4)) 39937 (40000 -/- (60 + 3))
  D002 45000 (I) 44853 (45000 -/- (140 + 7)) 44895 (45000 -/- (100 + 5))

B= To be paid by batch

I= To be paid immediately

Note: all amounts in these examples in JPY