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Rodders's avatar
Rodders
Experienced User
2 years ago

Enter sale of business payment from lawyer

Hi

We have sold our business & received the sale amount form our lawyer but less PPSR payments.

 

We received $329k from the sale figure of $350k, so $21k was taken out for PPSR bill payments before the money was put into our bank account. 

 

How do we enter this into Accountright? We were thinking that we enter $350k into the bank account & pay the $21k out as bills as normal & that should square everything up for the bank rec. The $21k of bills are purchases already entered into Accountright & ready to be paid.

 

Cheers 

Rod

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    2 years ago

    Hi Rodders, 


    Thanks for reaching out. 

     

    I understand how important it is that this amount be accounted for in the ledger. Unfortunately, I would suggest seeking advice from a financial advisor, as this is considered financial advice and we aren't allowed to provide financial advice.

     

    Let us know if you require any other help. We're happy to help. 

     

    Cheers, 

    Genreve