reconciliation
i am trying to reconcile my books and i need to input all deposits, withdrawals, and purchases. where should i input them?
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cgqDJExAqr4yUOacwZ5xHE
02/22/12 2:28pm PST
1 Reply
02/22/12 3:41pm PST
Latest post
For Depostits - go under the Banking tab and click Deposits.
Select the account the deposits are going to and so on.
For Withdrawals - go under the Banking tab and you can choose the Write Checks.
Select what bank account it is being withdrawn. Choose who it is being payed to. Enter ACHWD for the check # for an automatic withdrawal from you account. Last, select the account for what it was used for, i.e. an expense account.
For puchases - go under the Banking tab and you can choose Write Check or Credit Card Expense. Depending on the method of payment
Make sure you select the account were monies are being used, wheather it be a bank account, credit card, or cash account.
Credit Card Expense - I always enter CC and the last 4 digits off the card used for the REF #.
Cash Account - I use Petty Cash as the REF #
