cancel
Showing results for 
Search instead for 
Did you mean: 

Reply to message

View discussion in a popup

Replying to:
Moderator

Reply to message

There are two ways on how we can record this, Nsfd601. 

 

We can either record it as an expense transaction and then we'll add the $400 as another line item. 

 

Just a heads up, I'd suggest reaching out to your accountant to help you decide on what's the best account to use.

 

Then, here's how to record the expenses:

 

  1. From the + New button, select Expense.
  2. Enter your Payee.
  3. Go to the Category details section.
  4. Select an account, and then enter $1100 on the AMOUNT column.
  5. In the second line, select an account.
  6. Enter $400 as the AMOUNT.
  7. Click Save and close.

 

I've also added an article for more information when recording an expense transaction: Enter, edit, or delete expenses.

 

Please let me know if there's anything else you need. Thanks for dropping by and stay safe!

Need to get in touch?

Contact us