Hi. I have taken over entering invoices and reconciling bank accounts for this NZ company
There are previous payments made for GST returns and INC Tax
How do I enter these so they appear in the bank statement to reconcile?
Thanks
Hi Paul_RiThink
Correct. I'm guessing these transactions are prior to bank feeds?
hi Paul_RiThink
Which accounting system are you using?
If Accountright - you would need to do a spend money transaction on the applicable date.
If Essentials Accounting - there is an option in Banking called Spend Money.
thanks. i am using Essentials. so its ok to just allocate the entire payment to the income tax or gst code in the spend money transaction?
Hi Paul_RiThink
Correct. I'm guessing these transactions are prior to bank feeds?
