I've come to help you track your monthly account pensions, liz138. Let me outline the process below:
In QuickBooks Solopreneur, you can manually add the pension payment as an expense from your bank transactions so it will appear in your accounts. Here's how:
- Go to the Transactions menu.
- Choose Bank transactions and click the New Transaction.
- Tick Expense.
- Fill in the details needed and click Save.
For guidance on selecting the appropriate category, feel free to consult your accountant. They can advise you on the best way to handle these transactions to ensure the accuracy of your books. If you're not affiliated with one, you can use our accountant tool to find one in your area. Alternatively, you can also reach out to HMRC for further assistance.
Moreover, this handy resource can help you organise your transactions seamlessly: Categorise bank transactions in QuickBooks Sole Trader.
If you require additional assistance with your bank connection and managing your transactions, feel free to leave a comment below. We'll be sure to get back to you, liz138.