how do i deposit a repayment to the company for a non-company expense

Roland
Roland Member Posts: 24 Reckoner Reckoner
edited June 2020 in Reckon Accounts (Desktop)
Accounts Plus 2018

I have been Googling this for hours, now.
I recently paid my accountant for Super tax return preparation from the business bank account because there were insufficient funds in the Super Trust bank account.
In Reckon, I entered the transaction in the Write Cheques window and used Accountants Fees as the account. 
Now there are sufficient funds in the Super Trust bank account, I have transferred the amount back to the Business bank account, but don't know how to enter the deposit.
I believe the original entry into Reckon- Write Cheques is incorrect anyway.

Any help greatly appreciated,
Thanks

Comments

  • Rozep
    Rozep Member Posts: 20 Novice Member Novice Member
    edited June 2020
    Hi Roland

    Go to banking, deposits and deposit into your business bank account. In the from account, put accountants fees to reverse the original transaction.
  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,133 Accredited Partner Accredited Partner
    edited May 2020
    Further to this suggestion - it doesnt really matter where the original cheque and deposit go to - so long as NEITHER of them have any Tax codes on them so they completely cancel themselves out.  
  • Roland
    Roland Member Posts: 24 Reckoner Reckoner
    edited May 2020
    Thank you both for your posts. Re-reading my original post, I should have mentioned that this involves an SMSF, and it is not in Reckon.
    What I believe I have done, is loan the SMSF account the funds to pay the bill, and now I want to enter the repayment with the right accounts. In addition, I could remove the transaction from Reckon and just annotate on bank transfer, but not as neat?