Hi Guys,
I need assistance, we are running a Pre-School and we pay Salaries from the same Bank Account where the income comes in.. we do not have a separate expense Account.
how do I go about creating Journal Entries for Salaries?
from the help knowledge base, it shows only if you have an expense account to Debit and Credit.
do I follow the same example but using the same account where I pay PAYE, UIF, and Salaries?
Your Assistance in this regard will be highly appreciated
thanks