Proper Way To Enter A Transaction
John Donnee
jdonnee at ec.rr.com
Tue Oct 22 14:49:54 EDT 2013
Moving from a PC using another accounting system to a new iMac.
I have set up all of my accounts using the auto set up feature.
Here is my question.
1. I create an invoice and specify an "Income" account.
2. Payment comes in and I want to post it.
3. I go to Process Payment and find the Invoice.
4. I apply the payment and the payment screen wants to "Post to the Accounts Receivable folder". I also select my Checking Account in the Transfer window
5 I save the transaction and the money shows up in the Checking Account and as a negative number in the Accounts Receivable folder/account
6. It DOES NOT show up in my Income account where I want it to also show up in addition to the Checking Account.
What am I doing wrong? I could not find an example of a transaction in the Help file.
Thanks
John Donnee
910.622.8111
8422 Emerald Dunes Rd.
Wilmington, NC 28411
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