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KEdwards's avatar
KEdwards
User
9 months ago
Solved

How to use a bond payment to pay a rental invoice

Hello I have $500 sitting in a tenant Bonds Collected (Liability) account. I would like to allocate this against a rental invoice. Will this be possible if I process a General Journal? Or is there a...
  • Genreve_S's avatar
    Genreve_S
    9 months ago

    Hi KEdwards, 

     

    Thanks for reaching out and welcome to the Community Forum. 

     

    I understand we are trying to move the $500 from a liability account into a rental invoice. Generally, in these cases we could create a general journal to get the outcome desired. However, I would recommend speaking to a financial advisor, as this is considered financial advice. 

     

    In the meantime, let us know if you require any further assistance. 

     

    Cheers,

    Genreve 

Genreve_S's avatar
Genreve_S
MYOB Moderator
9 months ago

Hi KEdwards, 

 

Thanks for reaching out and welcome to the Community Forum. 

 

I understand we are trying to move the $500 from a liability account into a rental invoice. Generally, in these cases we could create a general journal to get the outcome desired. However, I would recommend speaking to a financial advisor, as this is considered financial advice. 

 

In the meantime, let us know if you require any further assistance. 

 

Cheers,

Genreve