Account code
Question asked by Ian Thompson 1 week ago
Hi When transferring money from my linked bank account to a personal bank account which is not linked what account code should i be using? is it drawings or personal account
Many thanks
Hi Ian,
When explaining this transaction, you can click the Person icon on the right to mark it as a personal transaction.
Tommy
Best answerHi Tommy thanks for the reply, I have entered some as Drawings already, where do I go back now to change these to Personal transaction? Another question, my bank feed is showing a different amount to what is actually in my bank account, why is this and how do I reconcile to match?
Hi Ian,
You do not need to amend the previous transactions coded to Drawings as Personal transactions are coded to an account code in the drawings account type. They are both excluded from the business income and expenditure.
For the bank discrepancy issue, to assist you further, when logged in, could you click on the ? at the top right and send us a message please?
Tommy
You must 