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Receipting Owner funds in to a Trust Account

Modified on Sat, 11 Apr at 6:44 AM


Accounts Receivable > Receipts

 

  1. Property: Select the property funds are to be receipted to 
  2. Lease/Debtor: MISC
  3. Direct Deposit Name: Name of who made payment (as per bank statement)
  4. Receipt & At Bank Date: Date funds were received
  5. Amount: Amount Received
  6. Click on Add Credit / Sundry Receipt 
  7. Select Balance Sheet account code - Owners Contribution . Funds Received from owner
  8. Tax: Should be left as GST Free
  9. Tick Sundry Receipt
  10. Enter Amount, click Add and Process Receipt

 

 

 

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