Basic Assistance - Entering Expenses - Bills and Payment Details

Julie Burns

Some basic help please - and I have tried to use the help - but I think I need to see other screenshots to set me on the right path.

I can enter invoices and payments from customers okay.

It is entering general expenses and bills from suppliers and payments to them that I am having trouble with.

With payments to suppliers - if it is done through Paypal or using a credit card (not through Reckon Hosted) - is it still a "Cheque" that gets written??

Is there any samples of screenshots out there to show someone how to do it - I am in a rural area.

When we first go to enter a basic expense - where do we go ??  to write a cheque - or a general journal entry against that expense and bank account ??  Again is it a cheque that gets written even if paypal or credit card is used ??

Thank you for any help for a beginner trying to get it right.  

Pam_9173848

Hello Julie,  you need to set up a bank account for your paypal account and a liablity bank acc for your credit card.   Then you need to decide if its a one off and you havent entered the expense as an invoice, you can use write chqs, or a payment from a supplier of which you have entered an invoice for - then use the dropdown box at the top to pick the account you are paying from.  

Jason Williams

I find the best way is to enter it into suppliers then just edit cheque number to PayPal eft etc then when you go to pay bills it will bring them up if you enter the same name

Julie Burns

Thanks - I have multiple paypal accounts open - because I use about 4 different currencies on a regular basis.   The Credit Card is a debit card attached to the bank account/s (mulitple) 

Julie Burns

Change the cheque number to the Paypal Transaction Number ??  Thank you for replying and your assistance - appreciated.

Julie Burns

Thank you for your help - appreciated

Acctd4

Julie Burns

Thank you very much - some of this is definitely helpful - because I enter everything manually - due to my OCD - but also because I have more than 1 currency.  I like the Transfer Funds for tranfering monies from accounts - I didn't use it originally - but have found that useful.

I tend to record the "transaction number" for each payment made - no matter the method.

I may come back to you about some points if that is okay ??

Thank you again for taking the time to explain - very helpful.

Regards



Julie