how to create directors fees and what is the procedure

Options
Raghavender Garipally
Raghavender Garipally Member Posts: 1 Novice Member Novice Member
edited October 2024 in Reckon One
Hi Guys

If anyone know the how to create pay category for directors fees please share them. Thank you

Comments

  • Jon_7579451
    Jon_7579451 Reckon Alumni Posts: 45 Former Reckon Staff Member Former Reckon Staff
    edited July 2017
    Hi Raghavender

    Do you want to recorder the directors fees as an expense? If so, use journals and post the fees amount to 'Directors Remunerations'. Then post a balancing payment to the bank account the fees were paid from.

    Regards

    Jon Martingale
    Reckon One UK
This discussion has been closed.

Categories