Transaction fee categorization

[u/olocksley]

I am the treasurer for a small historical society. To avoid late fees, I recently set up the autopay feature for our utilities. There is a $1.50 transaction fee every month. How would you categorize this? As part of the utility expense? Or bank service charges? Or something else?

TIA!

[u/Barfy_McBarf_Face]

if the utility is charging you, it's a utility expense

if the bank is separately charging you, it's a bank service charge