Receiving money that is not income

How do i put money into the banking ledger and it not show as income?. i have started using this software part way through the year.

Posted by Darren Crawford on Nov 3, 2010 4:18 PM GMT

Hi Darren,

You will need to use an asset, liability or equity account as the 'From' account in Money Received window (or the General Transaction window). For example, if you received the money as a bank loan, set the From Account to be 'Bank Loans' (a liability account).

Regards,

Posted by Mark McLaren (Solar Accounts) on Nov 3, 2010 5:16 PM GMT