Invoices paid by director

Hi,

I have numerous invoices that have been paid by the director in cash and i need to add these into the program and mark them paid and then reimburse the director for the total amount.

how do i do this?

thanks,

Marc

Posted by Marc Bentham on Apr 16, 2010 8:47 AM BST

Hi Marc,

When recording the invoice payment, set the Paid From Account to 'Directors Loan Account'. When the director is re-imbursed, record a General Transaction from the Cheque Account to the Directors Loan Account.

Cheers,

Posted by Mark McLaren (Solar Accounts) on Apr 16, 2010 8:51 AM BST