lib
3 years agoContributing Cover User
Difference between spend money and transfer money
Hi,
I have put a transaction - payment to our compnay credit card - from last month as Transfer Money, and realised I normally do this type of transaction as a Spend Money.
I'm not really sure what the difference between Transfer Monday & Spend money is, but does this matter? They both seem to be not-reportable for tax.
It has already been reconciled, so I'm not sure how to fix it if it is an issue.
Thanks in advance.