Forum Message

Account Type Royal Mail

Hi Guys
I have a Royal Mail account that i pay


Posted by Thor on Jan 29, 2015 11:03 PM GMT

Hi Thor,

Yes you can treat it as a mini-bank account. Create a new asset account called 'Royal Mail Prepayment', then record a General Transaction each month from the Cheque Account to the Royal Mail Prepayment account. When you incur postage costs use the Royal Mail Prepayment account in the Paid From Account field in the Money Paid Out window.

Regards,


Posted by Mark McLaren (Solar Accounts) on Jan 30, 2015 9:43 AM GMT