Allocating Owner personal fund payments
In setting up the business, bills were created (DR expenses or plant & Machinery) and credit accounts payable. Owners funds/equity was created by journal by DR Accounts payable CR Owners personal funds (equity). Now I ned to match the journal entry in accounts payable to the supplier but this doesn't appear possible. I'm thinking I need to create another journal to CR Accounts payable, debit one of the allocatable bank accounts (external funds). Then try and match those journal entries to the supplier to close the bill. Can someone advise whether this is the right approach?Solved140Views0likes3Comments
General journal numbers auto duplicating
Hello, over the last few days our general journal entries have had their numbers auto duplicate with current journals we have in locked periods. This has never happened before. I have been manually changing but it is getting a bit tiresome. Any help to get this back to normal would be greatly appreciated. Thank youSolved13Views0likes1Comment
How do I transfer money from Customer Deposits to a specific invoice number
I normally convert quotes to Orders, when I recieve a customer deposit & this is automatically paid off when I convert the Order to an Invoice. For some reason (obviously I hadn't created an Order) & a few months ago I entered 2 x deposit payments (same client) in receive money. I forgot they were there & invoiced the customer the full amount, not once but twice & she paid the full amount twice. I now have the final invoice of the job & 2 unclaimed deposits.... Can someone please tell me how to transfer the money from customer deposits account, onto a specific invoice, without deleting the original payments & throwing my reconciliations out.242Views0likes0Comments