Recording Your Bank Entries
In This Chapter
Looking at the different types of bank accounts
Processing bank receipts and payments
Dealing with bank transfers
Setting up recurring transactions
Keeping track of petty cash
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 ...