I am a self employed taxi driver. I receive 50% of income from the owner that I work for. How do I record the income to be banked.
I have looked and I cannot figure out what to use. At the moment I am doing it through cash deposit but cannot print it off for my records for accountant.

Thanks

Hello Sharon,

Can you please give me more information about being a self-employed taxi
driver: From your description it sounds like you collect money from your
passengers (cash or card) and then pay 50% of the amount you collect to the
owner of the taxi - is that correct?

Yes that is correct. If I make £100, I give taxi owner £50 and I record rest on solar account before banking it.  When I do my paperwork, I’m not sure if I am doing right through cash deposit before I bank the money I have earned and how do I print a cash deposit recorded

Hello Sharon,

OK let me look into it and I will get back to you tomorrow with the best
way to record the payments.

Hi Sharon,

OK firstly you should create a new expense account called 'Car Usage Costs'
- this will represent the money you pay to the taxi owner.

To record the payments you receive from customers, I recommend you create a
Money Received transaction as described here:
https://www.solaraccounts.co.uk/help/how-to-record-a-cash-sale

Then to record the 50% payment, create a Money Paid Out transaction paid to
the owner of the taxi, with the Allocate To Account set to 'Car Usage Costs'