Entering transactions that have a % in more than one account

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John Pike
John Pike Member Posts: 2 ✭
edited February 2017 in Reckon Accounts (Desktop)
I have expenses that are part personal, part business

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  • Inigo
    Inigo Member Posts: 193 ✭
    edited April 2015
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    Hi John,

    What is your actual question?

    Consider letting the viewers know a bit more detail about your problem.

    What have you done so far that is not working out as you would like it to?

    -IM
  • John Pike
    John Pike Member Posts: 2 ✭
    edited March 2014
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    EG: I buy petrol. Part of the expense I allocate as personal, part business. The credit card has an expense of $15, but I want 75pc to be for personal and 15pc for business.
  • Inigo
    Inigo Member Posts: 193 ✭
    edited April 2015
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    Hi John,


    Are you using QuickBooks/Reckon Account Business range (Plus, Pro, Premier) or the Quicken/Reckon Accounts Personal range (Personal, Personal Plus, Home & Business)?

    If you are using the Reckon Accounts Personal range you can make use of the Category/Splits feature when entering a transaction in the register.

    If you are using the Reckon Accounts Business range, you can make use of the Class tracking feature when entering a Bill transaction or a Journal transaction.

    Note that you would need to manually calculate the percentage amounts and assign the appropriate classes or categories.


    Consider reading the community post below to help you rephrase and ask the question again.
    https://community.reckon.com.au/reckon/topics
    /how_to_ask_good_questions_to_get_good_answers_the_smar...


    -IM

  • Sally McIntosh, Accredited Consultant
    Sally McIntosh, Accredited Consultant Accredited Partner Posts: 468 Accredited Partner Accredited Partner
    edited February 2017
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    Hi John,

    You will need to enter 2 lines for your transaction. One part being the business line pointing to the correct expense account, tax code, etc. The next line pointing to your personal account with no tax code, etc.

    If you need any further assistance please feel free to email me directly at sally@samsolutions.com.au.

    Kind regards, Sally

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