Hi all
as you now the investor bring some money to company
so how can we add these payment to our bank account
First setup Investor account. Either use Capital accounts or create a control account for Special accounts.
Then go to Receipts>New receipt and select that account.
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thank you very much
now these deposit may have some charges that bank issue the invoice
which one is better
consider these invoices as payable or what
I didn’t get your question. But if you are talking about Bank Charges that depends if you want it to be an expense for Company or Deduct it from your investor amount.
You should not use invoices. Also you need to be clear about what the investment represents, do you issue shares in the business then you must use the Capital accounts as these are part of Equity. Is the investment more kind of loan then using Special accounts under Liabilities is the way to go.
Bank charges usually are a separate line and a payment from your business to the bank and thus an expense for your business. You would be better of to consult an Accountant because every jurisdiction may be different. Also this Forum is about how to use Manager and not about general and specific accounting, other sources such as learning https://www.accountingcoach.com/ or forum https://www.proformative.com/ are much more suited to this.
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So it sounds like you have a couple things mixed up.
You use Invoices when you ask for payment. Such as when you are sent a bill, the company that billed you send an Invoice to you.
You use Receipts when you receive payment. So you get the bill then you send back the payment for the bill, the company receives it and makes a Receipt to show that they were paid.
You use Payments to record amounts that you paid to a third party. Such as the Water company for your Water bill.
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