Question: Can I enter creditors cheques in the Make a Payment section of the General Ledger?
Answer: No. Cheques entered into this section will not appear on the Creditors reconciliation list.
Question: I bought items for the workshop (tools, etc.) and I do not charge them to the customers and do not want to put them to stock. What should I do?
Answer: Use the General Ledger Make a Payment module for this purpose. You can allocate the payment to the corresponding account.
Question: How can I pay my bills?
Answer: Use the General Ledger Make a Payment module for this purpose. You can use one cheque to pay several bills if they all go to the same company.
Question: Can I do periodic payments?
Answer: At this stage you do not have this option. However, it will be available in a future upgrade.
Question: How can I enter interest into the system?
Answer: Use the General Ledger Make a Deposit module. It will debit the Cheque account.
Question: How can I enter bank charges into the system?
Answer: Use the General Ledger Make a Payment module. It will credit the Cheque account.
Question: How can I see what is on my Cheque account?
Answer: Go the General Ledger. Click Account Inquiry. Click Cheque Account. Click Evaluate.
Question: How can I enter my account codes?
Answer: Go to the General Ledger module. Click Chart of Accounts. A list of accounts appears. Select the required account class. Click New. Enter the code and description of the new account.
Question: How can I enter my opening balances into the General Ledger?
Answer: Use the General Journal Entry module.
Question: How can I record Bank deposits?
Answer: When you receive payment from a client and put it in the system, it goes to the General Ledger’s Cheque Account section. If you pay your creditors, it goes from the General Ledger’s Cheque account section.
Question: How can I enter labour cost to the General Ledger?
Answer: You should use the General Ledger/Make a Payment module to enter your labour costs into the system. Select Wages as Expenses account.