How to i transfer between accounts cause the inter transfer without using inter transfer

You need to explain more about what you are trying to achieve You say “normal receipt the clients bring to you” - sorry, but I do not understand what you mean by this Perhaps explain a bit more about the business you are trying to do the accounting for - is it for you and your business, a business…

I Started doing bookkeeping for a business that is a restaurant based in a hospital their main income comes from the hospital; they have two accounts main business and a pure saving account what the owner does when he receives money for service provided he takes 40% of income and transfers it to the…

I am assuming that the owner is the main or only shareholder of the business. You should have two bank accounts - one for the business account and one for the savings account. I am assuming that the savings account belongs to the business and not to the owner. If the owner then withdraws money fro…

on the 28/09/2019 he transferred money from pure save to main account to purchase stop all these transaction a created a shareholder loan account where i have placed them

OK, that’s clearer now. I am not sure that Shareholder’s Loan is the correct title for the account - it will depend on the type of business structure that is used - sole trader, limited company, private company, etc Presumably the owner injected some capital into the business when it started - Any…

Transfer between accounts

Joe91 April 22, 2020, 5:06pm 19

This topic has been discussed in the forum before for example see here Still not sure if I set up Drawings properly - #6 by Tut

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Transfer between accounts

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