IckyLeaks has also linked his file to his Visa Card credit card account.
- Use the bank transactions to do your data entry.
- Look at each transaction,
- check what it represents and which account code you would allocate it to.
- check what it represents and which account code you would allocate it to.
- Consider creating allocation rules for some of the common transactions listed, like
- BP Petrol
- Mobile Bill
- Annual Bank Fee
- split the Woolworths transaction for staff amenities for $55 ($20 of the goods were GST Free).
- the OfficeWorks transaction was for office stationery that you purchased.
- Look at each transaction,
- What's the Visa Balance in your books?