Hi, Thanks for taking the time to read this quiry.New to quick books and tax etc.
I am employed and my paye is sorted and goes into my personal account (not associated to quick books) and self employed on a side line job which pays to my First direct acount (assocoated with Quick books)
I have an account,first direct, set up just to accept payments in but then i transfer the payment to my personal account ,Halifax.
So i have eg: £100 paid to first direct (the account associated with quick books) but then ill transfer that £100 to my private account(not assocoated with quick books),
how would i list the payment in, as bussiness?
Andt the transfer out as what? business or pesonal
I hope that makes sense.
Many thanks in advance
kind regards
Andy