diff --git a/app/models/ledger/item.rb b/app/models/ledger/item.rb
index c1cb50e3a5..11412414bc 100644
--- a/app/models/ledger/item.rb
+++ b/app/models/ledger/item.rb
@@ -166,7 +166,7 @@ def calculate_receipt_required
     end
 
     def calculate_status
-      return :settled if linked_object_type == "Reimbursement::ExpensePayout"
+      return :settled if linked_object_type.in?(["Reimbursement::ExpensePayout", "BankFee"])
       return :settled if linked_object_type == "Disbursement::Outgoing" && linked_object.counterparty.canonical_pending_transactions.fronted.any?
       return :settled if linked_object_type.in?(["Disbursement::Outgoing", "Disbursement::Incoming"]) && linked_object.approved_at.present? && !linked_object.rejected? && !linked_object.errored?
       return :settled if canonical_pending_transactions.fronted.not_declined.revenue.any? && primary_ledger&.can_front_balance?