Pastel Cashbook receipts

[Vinruby]

Hi All

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?


many thanks
Vinruby

[Neville Bailey]

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?

It depends on whether you processed a Tax Invoice for the customer beforehand - if you did, then the VAT will have been accounted for at that stage. The cashbook receipt will then have no VAT implications, as it is merely settling the amount due.

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?

I assume you mean that the business bought something for one of the shareholders, and that the shareholder repaid it to the business? If so, then I would allocate the cashbook payment to the shareholder's loan account and then, when he/she repaid the business, you need to allocate the receipt to the loan account again.

Hope I understood your question correctly!

[Vinruby]

Neville you are Brilliant! thank you so much.

[AjTeX]

Good day Neville

I have entered some Cash book receipts and updated it. My accountant did some work on my backup file I sent him, I edited my side of Pastel and now I have to re-enter the cash book receipts on the backup zip file he sent me. Is there any possible way that an export can be done of the cash book receipts I have entered & to be imported to the new updated pastel backup file received ?
Your assistance will be greatly appreciated.

Antonio