Noonap
Newbie
Joined: 09 October 2009
Posts: 1
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| Posted: 09 October 2009 at 19:19 | IP Logged
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Hi,
I need some help!
I'm using the trial version of MYOB Accountedge plus on a mac and am
stuck. I simply want to know how to enter my bank transactions.
I have set up all my accounts and the first entry I want to make is an
electronic payment I made from my current account. Whichever way I
imput it (either 'spend money' or 'purchase item') it always splits the
total into the net and vat. The total is £57.50 but it is always
recorded as £50 and then on the second line is the £7.50 for the VAT.
The problem is, that I don't know what happens to the VAT portion as
the £50 is debited from the current account balance but the VAT portion
isn't, although it obviously is in real life. I can't see where else
the £7.50 would have gone.
I have created a VAT account as I thought I could get it to go in that account but I can't.
It's driving me mad! As the trial version is nearly at an end and if I'm stuck on this part, I can't really go forward.
Any help would be greatly appreciated.
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MYOB Forum - Anit Limited : Purchases
Topic: Entering purchases on Accountedge plus
