Commision Deducted From Merchant Service Transfer

by Iain Gordon
(Wembley)

Hi, Using Sage line 50.

Have recived statement from our merchant service (PDQ).
They have deducted their commision / charges from the money obtain from credit card sale and then passed on the remainder.

How do I show this within Sage?
Customer account will show 100% payed.
But bank account / allocation will differ.
Do I create a purchase invoice?

Many thanks for any help in this.

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Intercompany Expense Transfer

How do I moved expenses from jones brothers account to to jones restaurant both having different bank account

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Tracking Loan Payments (account transfers) in My Budget

by Gaile
(Wisconsin, USA)

I'm trying for the first time to use the Quickbooks budgeting feature and really stick to my budget. I can't figure out how to track payments on loans (credit cards, auto loan, etc.) Interest payments show up on my P&L (and budget vs. actual) but the payment to principle (which is just a transfer from checking account to the loan/credit card account) don't show up in my budget. Is there a way to do this?

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Transfer of Assets

I want to transfer the cash assets from one C Corp to another C Corp. What bookkeeping entries do I make?

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Transferring a Vehicle to our Business.

by Niekia
(Canada)

I bought a work vehicle in February and I am going to start official bookkeeping as of July 1st. What will be my bookkeeping entry to transfer my vehicle officially to the business?

I know that I will debit our vehicle asset account at the FMV but I am unsure of the account that will need to be credited.

Thanks in advance for your help!

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Transfer

What do I db and cr to show personal money transfer to business account?


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Transferring Data From Sage Instant to Sage 50

Is it possible to transfer data to and from Sage Instant Accounting Plus V16 to Sage 50 2010

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