How do I allocate payments from my business for personal use (drawings) in Reckon One?

End_the_Problem
End_the_Problem Member Posts: 1 Novice Member Novice Member
in Reckon One

I have a bank feed set up and I am currently in the Bank Transactions tab on Reckon One. Please explain step-by-step how to allocate the following (payment made by my business but the item is for personal use, not business use)

  1. Drawings (direct credit) from my business account to my personal bank account
  2. Item for personal use, paid as an eftpos transaction with business account

I want to allocate these as drawings but can't find how to do this in Reckon One. I have a tight deadline to meet so any help with this would be most appreciated.

Also, how do I allocate a payment that is part business, part personal use, such as home expenses?

Thanks in advance for your help.

Comments

  • nic_h
    nic_h Member Posts: 3 Novice Member Novice Member

    I have also been having trouble with this - someone suggested xero was much easier to use and allows for this

  • Adnarim
    Adnarim Member Posts: 1 Novice Member Novice Member

    Does anyone have a straight answer for this question? I cannot figure it out either

  • klaura
    klaura Reckon Staff Posts: 376 Reckon Staff Reckon Staff

    Hi Folks,

    We have an article here about allocating bank transactions in Reckon One. I hope you find it helpful.

    Allocate Transactions - Reckon Help and Support Centre

    Please feel free to let me know how you get on.

    Best regards,

    Karren

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