Can someone help with FastCoding, is there a video turtorial?

Julie FJulie F Member Posts: 20

Can someone PLEASE forward a link or video tutorial on this? I have it all set up. Got no idea how to use it. read through the info in help. Its not making alot of sense. aI used to use the old BankData 2 years ago but stopped becaused it was so usless. I really dont wan to wast my time setting up all the rules if there is not much improvemnet. Any feedback would be greatly appreciated. I mainly wanted to use it for a credit card

Comments

  • ZappyZappy Accredited Partner Posts: 4,806 ✭✭✭

    Julie Hi

    You arent going to like this. I don't use "fast coding". There's no need. If you know how to set up rules in Hosted, it can do about fifty percent of the work for you. Fast coding is not really a short cut. Call me if you wish to discuss.

    Zappy 0407744914

  • Kris_WilliamsKris_Williams Member Posts: 2,030 ✭✭✭✭

    I agree with Zappy, automate as much as you can

  • ZappyZappy Accredited Partner Posts: 4,806 ✭✭✭

    I agree with me too Kris. I won't use "fast " coding.

  • Julie FJulie F Member Posts: 20

    Thanks guys, I really appreciate your feedback!!

    Zappy, just one more question....when you said:

     "If you know how to set up rules in Hosted, it can do about fifty percent of the work for you" Did you mean memorised transactions or is there something else I dont know about?

    I would love to be able to memorise transactions, in split percentages.

    Cheers Julie

  • Acctd4Acctd4 Accredited Partner Posts: 1,389 ✭✭✭
    edited September 22

    I memorise most of my transactions - set up exactly how I want them - & set them to auto-enter accordingly ☺️

    I have used bank feeds a few times but find the process frustrating with so many format irregularities (mainly due to the description variations 🙄 … No good for my OCD requirements 😆)

    What do you mean “by split percentages” ? 🤔

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper *** (specialising EXCLUSIVELY in Reckon Accounts / Reckon Accounts Hosted!)

    * Regd BAS Agent (No: 92314 015) * ICB-Certified Bookkeeper * Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

    (NB: Please mark your post as Accepted Answer/Answered if I have been able to resolve your query as this helps others when seeking solutions!)

  • Julie FJulie F Member Posts: 20

    splitting cost: eg fuel for drawings 34% and business use 66% . So a fixed split percentage of the total amount

  • Acctd4Acctd4 Accredited Partner Posts: 1,389 ✭✭✭
    edited September 23

    Yep ... Memorised Transactions are perfect for multi-line entries:

    That's the purpose of them - To set it up how you want, then Memorise it so it can be entered anytime with the breakdown Accounts, Tax Codes & Memos (if applicable) already present 😊

    It doesn't Memorise specifically as a split percentage, however are you aware of the built-in calculator in Amt columns? :

    • Firstly, you need to make sure the "Amounts include tax" checkbox (at the bottom) is ticked
    • As above, enter the full total in the $ field (at the top, under the date)
    • Clear - or overtype - in the Gross Amt on the 1st line, the full cost (eg in the above case, "100")
    • Type the " / " key & then the percentage as a decimal (eg in your case & as above, "0.66") after & it will convert to a calculator & enter/display the result for you!

    NB: You can also use the other maths-equivalent symbols: + , - & * for calculations there too

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper *** (specialising EXCLUSIVELY in Reckon Accounts / Reckon Accounts Hosted!)

    * Regd BAS Agent (No: 92314 015) * ICB-Certified Bookkeeper * Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

    (NB: Please mark your post as Accepted Answer/Answered if I have been able to resolve your query as this helps others when seeking solutions!)

  • Julie FJulie F Member Posts: 20

    but what if you need to split percentages of the total amount on a regular basis?

  • Acctd4Acctd4 Accredited Partner Posts: 1,389 ✭✭✭

    It will Memorise the amount/split exactly as entered so it's perfect for Direct Debits, Monthly Fees, Rent etc where it's the same amount every time.

    Unfortunately, you'll need to edit it as above if the amount differs each time though 😬.

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper *** (specialising EXCLUSIVELY in Reckon Accounts / Reckon Accounts Hosted!)

    * Regd BAS Agent (No: 92314 015) * ICB-Certified Bookkeeper * Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

    (NB: Please mark your post as Accepted Answer/Answered if I have been able to resolve your query as this helps others when seeking solutions!)

  • Julie FJulie F Member Posts: 20

    you think they could make a way!!! I asked years ago!!

  • ZappyZappy Accredited Partner Posts: 4,806 ✭✭✭
    edited September 23

    Julie Hi. I agree. I never get what I want. I use the qif file import and create rules based on that. There's no need for bank feeds. At least not the way they have been implemented with Reckon. The other systems have their problems too. You just need to be creative and focus on what you are trying to do and not be pinned down by the technology. Memorized transactions will get you part of the way but they aren't the solution to every thing.

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