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Credit debit card
Posted: 08 May 2017, 18:19
by N1chola
We accept a large amount of credit and debit card payments over the counter for sales which we originally logged on an excel spreadsheet. Now I am using Sage what would be the simplest way to record these payments.
Re: Credit debit card
Posted: 08 May 2017, 19:26
by brucedenney
Create a bank account for the credit card and post all the transactions to it then do transfers from the credit card account to the bank account to match what comes into the bank.
Re: Credit debit card
Posted: 11 May 2017, 13:08
by N1chola
If I need to set up a nominal code for supplier invoices paid for with cash then i take i would now need to create a nominal code in the 12XX range for Cash Payments.
Thanks
Re: Credit debit card
Posted: 15 May 2017, 13:13
by brucedenney
If you get paid in Cash then you could use petty cash.