Journal

Sally9

Hi, 

 

i have created a journal for a sale of property. the journal included legal fees, agent comission etc. 

 

now when i open expenses and look into the legal account i can see all legal costs as well as agent fees. 

 

why is everything in every account? same goes for agent commission account it has other things in there that are not related.

please help!

Earl_HD

Hi @Sally9,

Thanks for your post, and welcome to the Community Forum!

I apologize for the delayed response. In situations like these, it's advisable to contact your accountant for assistance in resolving the issue. However, for your reference, you can also review the journal entries associated with the property sale. Confirm that each line item is accurately assigned to the appropriate accounts, such as legal fees allocated to the legal account and agent commissions to the agent commission account. Double-check the account selections in each line of the journal entry to ensure specificity and avoid grouping unrelated transactions together. Navigate to "Accounts" or "Chart of Accounts" in MYOB AccountRight and examine the linked accounts. Confirm that the legal account is exclusively linked to legal expenses and the agent commission account solely to agent commissions. Adjust account linkages as needed.
 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

 

Regards,
Earl