The business has bought something. I paid for it on my Personal Bank Account debit card.
I want to store the information so I’ve created a Purchase Order then Purchase Invoice. And taken the funds out of my Personal Bank Account. Problem is it records it as a Suspense AND also in Capital Expenses, so it’s double the amount (minus the VAT). I can’t seem to record the VAT Amount either.
Any ideas where I’m going wrong?
Thanks for your help.