Bought an item and paying in installments

Martina Rose
Member Posts: 1 ✭
Hi, I have bought an item off someone and I am paying them back in installments. What accounts should I set up to use?
I understand that it will come out of the "bank - cash" but when should I put the corresponding entry?
Thanks
I understand that it will come out of the "bank - cash" but when should I put the corresponding entry?
Thanks
1
Categories
- All Categories
- 6.7K Accounts Hosted
- 6K Reckon Accounts (Desktop)
- 3.2K Reckon One
- 137 Reckon Payroll Upgrade for Reckon One 🚀
- 10 Reckon Invoices App
- 939 Reckon Payroll App & Web
- 21 Payroll App - Help Videos
- 18 Reckon Mate App
- 14 Reckon Insights
- 107 Reckon API
- 952 Payroll Premier
- 120 Payroll Premier upgrade to Reckon Payroll ⤴️
- 325 Point of Sale
- 1.9K Personal Plus and Home & Business
- 68 About Reckon Community