Question asked by Rob Gregory 11 years ago
Do have to create a new supplier to explain a one off purchase made via debit card? It appears that a supplier must be selected when explaining a money out transaction however I have made numerous purchases from companies that I would not regards as "suppliers".
Hello Rob,
A supplier will be needed unfortunately. You can create a dummy supplier to account for all these types of expenses and then use that for future costs.
Alternatively, you can use a journal via Tools > Journals > Create. This will allow you to post directly to the nominal ledger without it needing a supplier. This requires advanced accounting knowledge of debits and credits and you will need to do this every time this kind of bill is made.
The best method is to make a dummy supplier however as it will save time in the long run and allow you to accurately reconcile your bank imports.
Vanish
Best answerGood question and good answer
Great, thank you for confirming the best approach here.
You must 