Everything posted by Wayne McNeil
I think before you can close of any account for year end it should be done through a general journal transaction. Expense accounts will be required a credit amount and then apply the dr amount to balance it to where ever it needs to go.
Set up an accounts payable/loan account and then use the general journal to make the posting. Debit Bank account and credit the accounts payable/loan account, hit enter and voila
I just downloaded this little program to use for a small seniors club to help them look after their paper work. I didn't see anywhere in the program whereby auto reference numbers are assigned each transaction. Is this possible with this program.