[GNC] Bank account reconciled, will this change screw things up?

Dr. David Kirkby drkirkby at kirkbymicrowave.co.uk
Sat Dec 31 02:18:45 EST 2022


On Sat, 31 Dec 2022 at 00:13, Adrien Monteleone <
adrien.monteleone at lusfiber.net> wrote:

> I would only use them for cases where you are billed (incurred the
> expense) before you pay, not at the same time.
>

Why is that?


> Using your postage example:
>
> If you pay a company periodically for postage, quite possibly for more
> than one shipment, or have to take explicit action to pay a bill, use
> the Business Features.
>
> If you simply go to the Post Office or shipper and pay at the counter
> when sending a package - use regular transactions.


I pay the shipper before they ship. I do have trade accounts with other
companies, but not any couriers. I pay in advance for courier services. I
book online.

>
> There might be rare cases of a mix for the same entity. In that case,
> consider if you need a 'statement of account' to match up bills and
> payments. If so, always use the Business Features for that entity.


There is one of those.

>
> Of course, make your own rules for your own needs. I've settled on these
> for myself to keep the clicks down where not really needed.


Do you not lose any functionality by not using the business features?

I seem to have something that works for me, so I guess it’s okay. But
perhaps I am doing an excessive number of mouse clicks.

 I doubt my accountant will be bothered, although asking him seems a bit
pointless as getting answers to questions seems to be impossible at the
moment.😢😢😢😢😢 I emailed him the other day and said I had paid his
invoice and asked a couple of questions, but still no answer.


> Regards,
> Adrien


Dave
-- 
Dr. David Kirkby,
Kirkby Microwave Ltd,
drkirkby at kirkbymicrowave.co.uk
https://www.kirkbymicrowave.co.uk/
Telephone 01621-680100./ +44 1621 680100

Registered in England & Wales, company number 08914892.
Registered office:
Stokes Hall Lodge, Burnham Rd, Althorne, Chelmsford, Essex, CM3 6DT, United
Kingdom


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