I am back again with a question and I really would appreciate your help with this one as I am confused.
When you capture payments received from customers do you have to also select the VAT type so that it shows in the receipts journal? I only type in the amount received and leave the tax 00 is that incorrect?
Also I bought something for one of the shareholders, and then the money was repayd. How do I enter that in the GL and the CB?