Spend Money - Not a regular supplier or just a random reciept
Chris P_7712295
Member Posts: 37 ✭
As an ex myob user I looked everywhere in R1 for a way to spend money without using a supplier in my list - Very easy to do in myob.
In the end I have to use JOURNAL to allocate the spending to an account and apply a credit to my bank. Took a bit of getting used to (non accountant minded - Journal entries can be confusing - "opposite land" crediting my bank account to take money out of it - Wierd!)
I would like a way to spend money on an item that is not from a supplier in my list. Like if I visit a service station in a random town and purchase some oil for my car. I don't want to add "Jim's Service Station" as a supplier to my Reckon One.
In the end I have to use JOURNAL to allocate the spending to an account and apply a credit to my bank. Took a bit of getting used to (non accountant minded - Journal entries can be confusing - "opposite land" crediting my bank account to take money out of it - Wierd!)
I would like a way to spend money on an item that is not from a supplier in my list. Like if I visit a service station in a random town and purchase some oil for my car. I don't want to add "Jim's Service Station" as a supplier to my Reckon One.
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Comments
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In this case where you have a generic supply like in your example Jim's Service Station, I create a supplier called "fuel". That way you wont have hundreds of service stations in your supplier list
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Misc. supplier, if you wish you can add where it was spent in details.1
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Hi Melinda,
You have a couple of options. As suggested above you can create a supplier called Fuel and in the details put where it was or you can create a Cash Purchases card and use that as a supplier and in the notes / details specify what was used.
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Thanks for everyones reply here. I should have mentioned that I too thought of this but decided that a question was worthwhile because Fuel or Cash Purchase or whatever other misc supplier you can think of is only a work-around. I will continue to use the journal until a better Fix is available.
Still the best software I have used!
Thank you.1
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