how to transfer money from current account to deposit account each month -savings for tax bill.
thanks

Hello Helen,

Create a new General Transaction from your Cheque Account to Deposit Account. Here's our help page on this topic:
http://www.solaraccounts.co.uk/help/how-to-record-a-bank-transfer.php

Regards,

Hi Mark
Don't want to be a pest but my account knowledge is tiny
when i get to the section on
to account- (should i choose an option in the)
liability section-corporation tax
or equity section- retained earning
or asset column -money to be banked
- i am entering transactions back to sept 08 and want them to be right
thanks helen

Hello Helen,

Sorry I should have mentioned: Use 'Cheque Account' to represent your current account (you can rename this account by clicking on it in the Accounts list). To represent your deposit account, click menu File > New > Account, set the name to 'Deposit Account' and the type to 'Asset'. Use this account as the 'To account' when recording the transfer.

Also you may want to record the estimated corporation tax expense each month rather than as one big expense at the end of your financial year. To do this, click menu File > New > General Transaction and set the From Account to 'Corporation Tax Liability' and the To Account to 'Tax Expense'.

I hope this helps. Let me know if you need more information.

Regards,