Personal monies deposited into business account
Question asked by Keith Pocock 2 weeks ago
I am not a professional book keeper but I am just dealing with my own normally very simple books and can handle those until something out of the ordinary happens!
I have received a few transfers into my Business account by mistake (friends/clients contributing to a birthday present, and not getting my personal account details first!).
Having done a bit of searching on the help site here and general internet, I explained these on the bank import as coming from a customer called 'Non-business related', and created a Suspense Account under Current Liabilities as 'Other Creditor'. But of course Clearbooks has created invoices for all these now... so I don't think I have done this correctly.
Any advice on how I should be dealing with this situation would be much appreciated. I can't find much about receiving incorrect payments anywhere.