Thank you SO much for your time. This is really helpful. Only issue is I have a bank receipt (via bank feed) for E9696. This is for a sales invoice which is in QB and shows as unpaid for E9711. If I click into the E9696 it does not give me the option to find transaction if i click into category/match.....
So to clarify process so it all hits the ledger.
Where transactions have come through the bank feed:
- enter the bill or expenses in QB. This should be found automatically against the bank feed and I can match it off. No further payment or receipt needs entered (or I can find transaction subject to the above issue if it's a different amount or split payment)
Where transactions have not come through the bank feed (as i'm entering transactions over 90 days old:
- enter 'pay bill' for the bank payment out or 'receive payment' for bank receipt for the bank entry
- enter the supplier bill or sales invoice for QB entry
- match them off
If a bank feed isn't matched with a QB entry it doesn't hit the ledger...?
One other thing - the company credit card is also fed through. If I allocate the credit card statements to the relevant ledgers and then pay the bill from the bank account these amounts will hit the expense accounts automatically from the credit card statement (just as they would from the bank account) ?
Thanks so much again.