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Sage 50 Accounts For Dummies® 2nd Edition by Jane Kelly, ACMA

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Chapter 8

Recording Your Bank Entries

In This Chapter

arrow Looking at the different types of bank accounts

arrow Processing bank receipts and payments

arrow Dealing with bank transfers

arrow Setting up recurring transactions

arrow Keeping track of petty cash

arrow Balancing credit card transactions

If you’re the sort of person who likes checking your bank accounts and keeping track of what’s been spent on the company credit card, then this chapter is for you! Here I tell you how to process bank payments and receipts that aren’t related to sales invoices or purchase invoices. I look at how to process credit card transactions and deal with petty cash (one of the bookkeeping jobs that can be a real pain in the backside if not dealt with properly!).

I also show you how you can transfer money between bank accounts – perhaps to take advantage of earning some extra interest (every little helps!). And, as many businesses often ...

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