Currently I’m helping a Business owner who need my help handling her accounts and administration activity.
She has particular way like book keeping style of handling her money, something similar to multiple piggy banks.
Every 1 $ of Sales:
- 55% will be use for Operating Expenditure
- 10% is For Investment or Purchasing Long term Assets
3.10% For education or training expenditure
- 10% For Settling Debts (old or acquaintance) which can be off the books
- 5% For donations
- 10% for Holiday or Vacation for staff (Annual Expenditure)
She does Antenatal Service by Webinar.
Every Webinar Session Finishes I allocated the sales from the Webinar Session to said Savings account. in Bank Account tab. Which I have to use Inter account transfer.
Per month there will be 2 Webinar of different dates. Meaning I will allocated 2 times a month.
Her business is Cash Business no sales credit, expected Sales invoice is lesser being use.
Right now I have difficulty to use Inter account transfer for 1 to 1 only,
The other alternative would be using Journal Entries which I try not to use it.
Can Inter account transfer allows, many to one and one to many? By means of additional feature.