BOND

[stpaddy9001]

Currently, I have Bond money from users of a property that I manage. I have entered this payment under Current Liabilities.  The Group has now finished and I need to show that I have returned the deposit how do show that I have repaid the bond money

[Tracey_H · Accepted solution]

Hi @stpaddy9001 

Thanks for your post. From an Essentials perspective you could record a Spend Money transaction allocated to the current liability bond account. 

However, if you're not sure how to record these transactions I do recommend checking with your accountant to make sure they are reported correctly.

Please let me know if you need further help.

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