I would like to set up some Customers that are not recorded as INCOME. We collect from Customers and

Ken Krieger
Ken Krieger Member Posts: 2
edited August 2019 in Reckon Accounts (Desktop)
I would like to set up some Customers that are not recorded as INCOME. ie: We collect payments from Customers and pass the amounts onto a 3rd party. we sometimes add anAdmin fee which needs to be INCOME

Comments

  • Adrian_6974554
    Adrian_6974554 Member Posts: 191 ✭✭
    edited August 2017
    Hello Ken

    Set up an account to hold the payments, set up as current liability account.

    Then set up an item and link to that current liability account, no tax code.

    Set up item for your Admin fee and allocate to income account with GST code.


    Then raise invoice to customer using the new item. Add admin fee where applicable.


    When paying to the supplier allocate to the current liability account to reduce it down, no tax code.


    Adrian

  • Ken Krieger
    Ken Krieger Member Posts: 2
    edited August 2017
    All Done, thank you Adrian, that worked !