Forum Message

help

im new two accounts

Can you tell me how to record the following two transactions

1)online purchase for camera paid with debit card, rec with an invoice
2)cash payment to Argos for memory card for camera

Im not registered for VAT

Thanks


Posted by Charlotte on Feb 1, 2014 6:42 PM GMT

Hi Charlotte,

In both cases create a Money Paid Out transaction similar to the one described here:
http://www.solaraccounts.co.uk/help/how-to-record-an-expense.php

When paying by debit card set the Paid From Account to 'Cheque Account'. When paying with cash set the Paid From Account to 'Petty Cash'.

Cheers


Posted by Mark McLaren (Solar Accounts) on Feb 2, 2014 11:41 AM GMT