Hi, How should I enter monthly voluntary payments to my super fund on Reckon accounts plus 2016 ?
Liz_8709839
Member Posts: 3 ✭
enter voluntary super payments
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Hi Kevin, The business is my husbands, operating as a sole trader. He transfers a set amount of money to his super fund once a month, so he's not on the payroll.
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I'm not sure what 'name' & 'type' to enter it under in the chart of accounts. Is it an expense? Equity?. As you can see I'm not very clued up in the accounting department. Should I enter it as a 'write cheque', transfer funds, or general journal entry?
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