How to record online payments in Reckon, that are going directly from bank account, not sent out fro

Accounts NZ
Accounts NZ Member Posts: 33 ✭
edited August 2019 in Reckon Accounts (Desktop)
Version: Reckon Accounts Plus 2018

I am having a problem where everything in Reckon records as a cheque.

This is not accurate to our business as all of our payments to suppliers (including payroll and IRD taxes) are going directly through our online banking.

When I go to reconcile with our bank statement, it does not seem right to record everything as a cheque.

I am not making the payments, the employer is, and I am simply recording the payments in Reckon for our bookkeeping purposes.

I do not have the bank account details for all of our suppliers, which appears to be required when recording items as Bank (Online)?

Any advice on this matter would be very welcome.

Comments

  • Accounts NZ
    Accounts NZ Member Posts: 33 ✭
    edited May 2019
    Thank you Kevin! You are a star! Would you suggest it is most accurate in the case of payments made via online banking transactions (not processed through Reckon) to put "cash/cheque" rather than "Bank (online)"?
  • Accounts NZ
    Accounts NZ Member Posts: 33 ✭
    edited May 2019
    Thank you so much, great advice! (insert shooting star emoji)

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