Needing Help with entering a profit withdrawal.
Tracey_9700396
Member Posts: 4 Novice Member
Needing Help. We are a family trust business and i need to apply a drawing taken out for our profit from the last financial year . Needing info as How to enter this withdrawal into reckon program?
0
Comments
-
Hi
The withdrawal is done as a payment from the accounts. (Go to Day to Day - Money Out - Make a payment) You will just need to apply the payment to the expense or liability account in your chart of accounts for the drawing.
Thanks
Lynda
0 -
Hi Lynda,I Don't have a day to day option. I have Reckon Accounts Plus.0
-
Write a Cheque. Your accountant should be able to advise which account (usually an Equity account) to code the drawings to .0
This discussion has been closed.