Entering cheque payment not against customer

Lauren_8253929
Lauren_8253929 Member Posts: 5
Hi, I am filling in for our account manager while she is on leave. We have sold one of the vehicles. The cheque has been processed and funds received to the account. How do I enter this into reckon as there is no customer for it? 
Thank you

Comments

  • DebonAir
    DebonAir Member Posts: 392
    edited May 2017
    I would enter it as a journal as income - Sale of Assets, and calculate the GST on this.
    The debit side of the journal would be the bank account.

  • DebonAir
    DebonAir Member Posts: 392
    edited May 2017
    Oh yes, thanks Kevin, just set in my 'old' ways. Yes, the sales receipt is much better for the novice. 
  • DebonAir
    DebonAir Member Posts: 392
    edited May 2017
    Ah, but then, it might be easy if the Item was already set up for the sale of assets, otherwise this would need to be done first.
  • Lauren_8253929
    Lauren_8253929 Member Posts: 5
    edited September 2016
    Thank you so much. Appreciate it. I ended up doing it as a journal. But had a look at the sales receipt and that makes a lot of sense. So thanks for teaching me something new!