Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Book-keeping question!

  • 06-11-2007 2:25pm
    #1
    johnray
    Closed Accounts Posts: 2 ✭


    Hi Anyone,

    would be glad of a little help. Doing set of books having been away from book-keeping for a while having babies! Where would I post direct debit van loan repayments? Van used in business for sole trader. Account package is Sage.

    Apperciate your time.:confused:


Comments

  • #2
    Miss Judy
    Closed Accounts Posts: 67 ✭✭Miss Judy


    Are you getting a VAT invoice from the bank for the loan every month, is itp Contract Hire/HP or personal or business Loan. Have you set up a nominal code for this loan?

    Best bet is to post it this way:

    Go into Bank->select your current account (I assume thats where the dd is coming out of)->select Bank payment option and post it to whatever nominal code you have set up for loans/leases so it debits your current account and credits your loan account.
    To check that you posted it correctly run a nominal activity report for your current account and loan account and you should see the correctly posted debit and credit.

    HTH..not the best at explaning things written down but could sit beside you and show you how to do it in a second. If you are really stuck I am pretty nifty at sage so I can pm you a doc I did up for the person doing my old job that might help you out.


  • #3
    johnray
    Closed Accounts Posts: 2 ✭johnray


    Hi Miss Judy,
    Thanks for your help. Just what I was looking for! That doc sounds useful. Would be appreciated.


Advertisement